[b] Embattled former Minister of State for
Defence, Musiliu Obanikoro, has reportedly
refunded N100.4 million out of the N785
million a company, Sylvan McNamara limited
linked to him, received from the former
National Security Adviser, Sambo Dasuki.
The Nation reports that Obanikoro who has
been in EFCC custody since October 19th,
may be released after the N100.4 million he
refunded has been confirmed by the antigraft
agency.
An EFCC operative who spoke on condition of
anonymity said “After many days of foot-
dragging, the ex-Minister has paid back
N100.4million out of about N785million
allegedly collected from the Office of
National Security Adviser (ONSA) by Sylvan
McNamara Limited, a company which was
allegedly linked to him. I think we may grant
him bail to give him time to look for the
balance of the cash. We are trying to verify
the government account he paid into and we
want to confirm the payment. We may
release him any moment from now after the
confirmation. This, however, does not mean
that we are dropping any charges against
him. Our objective is first of all to recover the
illegal funds. The decision on his trial will
depend on the review of his case and the
extent to which he is liable. You know the ex-
Minister has admitted flying over
N1.299billion to Akure in two shuttles for
Governor Ayodele Fayose. The cash was
collected by Fayose’s associate, Abiodun
Agbele, who is currently on trial. Obanikoro
also confessed that he personally gave $
5.377m (N60m then) cash to Fayose. He
admitted on oath that he was used to siphon
public funds meant for arms purchase. These
are all criminal offences which are
punishable by the nation’s laws. The
testimonies of Obanikoro will hasten his trial
and ongoing prosecution of all the suspects
implicated in the arms cash.”
Obanikoro in his statement to the EFCC, had
alleged that N3.880 billion out of the N4.75
billion he collected from Dasuki, was handed
to Ekiti state governor, Ayo Fayose, to rig the
state governorship election in June 2014 in
favor of PDP. Obanikoro also alleged that he
handed over $5.377m (N60m then) cash to
Fayose at Spotless Hotel, Ado-Ekiti in the
presence of the former Secretary of the
Peoples Democratic Party in the state, Dr.
Tope Aluko, and other party
stalwarts. Fayose has since dismissed this
allegation, accusing the Federal government
of wanting to rope him into the case by all
means possible since he is always very
critical of the Buhari-led adminisitration.
Commenting on Fayose's denial, the EFCC
source said “The governor is just
grandstanding because of the immunity he
enjoys. He personally admitted collecting
money from Zenith Bank as a campaign gift.
His associate, Agbele, reeled out how houses
were bought from the N1.299billion brought
by Obanikoro. And the ex-Minister has finally
nailed him with his statement on
oath. Fayose has a date with the court. It is
just a matter of time. In two years, he will be
in the dock to account for the contracts he
executed in the ONSA to have earned such
slush funds".[/b]


http://www.jeloser.info/2016/10/obanikoro-reportedly-refunds-n1004m-to.html
mynd44 lalasticlala

Thank God for Buhari.

The Ineffectual Buffoon supervised the looting of our yesterday, today and tomorrow with reckless abandon. Yet those shameless looters and their supporters don't want us to talk about those criminal acts while at the same time they want to blame the current govt for the economic woes they brought on us.

No way! You can't go unpunished even though it may take some time.

Ok

So this how it works? Steal first then return small then take a walk? This risk is worth taking ooooh than MMM bullshit everywhere!!!

The notoriety of this government in works of fiction is second to none. SMH