A former Minister of State for Defence, Senator Musiliu Obanikoro, has returned a fresh sum of N30m to the Economic and Financial Crimes Commission, with a promise to pay a balance of N417m, The PUNCH can confirm.

Calculations by our correspondent showed that the former minister has now returned N167m to the Federal Government.

A reliable source told our correspondent that the former minister paid the money from his Diamond Bank account to the EFCC Recovered Funds Account.

The source stated, “I can confirm that Senator Obanikoro has been meeting up his part of the agreement. You will recall that last year, he promised to return a certain amount of money every quarter.

“He has made a payment of N30m, his first instalment in 2017. He is also reporting at the EFCC as he should.”

The ex-minister, who returned to Nigeria in October 2016, after spending about 15 months in the United States, was accused of receiving N4.7bn from the Office of the National Security Adviser under the leadership of Col. Sambo Dasuki (retd.).

Obanikoro had said in his statement of oath at the EFCC that after receiving the money in 2014, he gave N1.219bn to the then governorship candidate of the Peoples Democratic Party in Ekiti State, Mr. Ayodele Fayose, while N1.3bn was given to the PDP governorship candidate in Osun State, Senator Iyiola Omisore.

He also confessed to giving Fayose a separate $5.377m at Spotless Hotel in Ekiti State in the presence of party stalwarts, including the then PDP state secretary, Mr. Tope Aluko.

Obanikoro was said to have kept about N785m for himself, which he allegedly spent while campaigning ahead of the PDP governorship primary in Lagos State, which Mr. Jimi Agbaje won.

However, the EFCC asked him to return about N584m, out of which he has returned N167m.

At the Federal High Court in Abuja, presided over by Justice Nnamdi Dimgba, Mr. Alade Sunday, a manager at Zenith Bank, narrated how Obanikoro delivered about N1.219bn to Fayose’s aide, Abiodun Agbele, for onward transmission to Fayose.

He had added that it took the cashiers about 10 days to count all the money.

Sunday had said Obanikoro flew the cash to Akure airport and the money was loaded onto bullion vans.

“When we got to the airport, we waited for some minutes before the aircraft arrived. When the aircraft offloaded its passengers, one of them appeared to me to be Senator Musiliu Obanikoro and the other one appeared to be his ADC, Adewale.

“Agbele walked up to them and had a discussion with them. Thereafter, he signaled to me to bring the van. Bags loaded with cash were loaded into the van and Obanikoro’s ADC, I and Agbele drove back to the bank,” he had stated.

Source:- http://punchng.com/arms-cash-obanikoro-returns-n30m-pay-n417m/

Mad fellow




Person wey den suppose throway over third mainland bridge.
Criminals.
All those killed soldiers at the front. Na him be the real killer. Give correct weapon morale go high. Our weapons go dey sound like crickets compared to those boko Men wey their own dey roar like Thunder with unlimited ammo.
Bring him to konduga with no guard. E go sweet.
E go pay that money within 24 hrs. Walahi

30million. Wtf!!!

Jonathanians will still call it witch hunt.

cummando:
Mad fellow




Person wey den suppose throway over third mainland bridge.
Criminals.
All those killed soldiers at the front. Na him be the real killer. Give correct weapon morale go high. Our weapons go dey sound like crickets compared to those boko Men wey their own dey roar like Thunder with unlimited ammo.
Bring him to konduga with no guard. E go sweet.
E go pay that money within 24 hrs. Walahi

people like you are Fayose's supporter but you want this one that is willing to return his share of the money thrown into water abi?

This is the kind of news I hate reading when preparing for work. In many years am I going to work to earn this 417 million?

I thought some folks called this witchhunting at first.

He is such a fool to return that money. When the money will be shared by Northern cabal. Foolish Southerners...don't return stolen money in this corrupt country until there is transparent and accountable system in place.

HAS EFCC AGREED TO REMIT THE 2 TRILLION NAIRA IN THEIR COFFERS? DESPITE SENATE PRESSURE, EFCC HAS REFUSED TO REMIT OVER 2 TRILLION IN THEIR POSSESSION TO THE FEDERAL TREASURY. AND YOU NIGERIANS PRETEND YOU DIDN'T KNOW ALL THIS? WHY ARE NIGERIANS SO DUMB AND ARROGANT ABOUT IT? MY GOODNESS!

You guys should keep all this money well, not tomorrow now you'll come up with excuses of how the money grew wings and fly away. And any idiot asking if 2face didn't see this during prev administration is just a Bas****. If you're still comparing this government and the previous them you're so silly that you shouldn't have been born in the first place. Almost 3yrs and you're still shouting past administration like demented people

tankara1010:
He is such a fool to return that money. When the money will be shared by Northern cabal. Foolish Southerners...don't return stolen money in this corrupt country until there is transparent and accountable system in place. SMH!

You are such an akpa amu.

Where all the looted money dey go

Another scam

Is this plea bargaining
Why can't his properties get confiscated
He now turned it into installments

I hope he's not acting any script

Una just dey call millions and billions any how..

Okay kwantinu..

Thunder wey go sama una dey come from Jupiter

Little by little.

.

[color=#006600][/color]

And somebdy will tell me Jonathan will not roast in Hell fire foem earth. I doubt it




God punish him

Omo ale jatijati.


Anyways....



Drabeey was HERE

They stole the money in Dollars but they are returning it in Naira. Who are they deceiving? Even if all the monies stolen by these greedy looters are returned we still will not experience any difference in the country's economy because of Buhari's shallow, near non-existent economic policies. I hope Obanikoro and his co-horts are thrown in jail to serve as a deterrent to others. Bloody polithievecians.

If only petty thieves will have the same opportunity to return their loot.

I don't understand what's honorable about this, shouldn't his asss still be arrested and prosecuted?

Ps: who makes money in their sleep?

Harvest time? ..by their fruits, you shall know them.
This is an indictment on "Koro" and his co-horts, including the serving "governor of the masses".

tankara1010:
He is such a fool to return that money. When the money will be shared by Northern cabal. Foolish Southerners...don't return stolen money in this corrupt country until there is transparent and accountable system in place. SMH!

my brother you da vex oooo LOL

Wetin abeg that's too small for a start, he should alist pay like 150million first, and then 50million three times den maybe 30. 30 later

Mmmmmm

Hmmmm... Can you see one of the reasons why Nigeria is in this present mess? How can gigantic lootings like this occur without adversely affecting the national development?

Nigeria experienced the highest PM price when these looters were at the helm of affairs, yet they borrowed money to pay FG workers till they were sent out of office.

Worst still, some sexually starved Bingo are here calling it witch-hunting: who is hunting you and your father when it is obvious that you are not a witch?

God punish GEJ and his colleagues in looting: he has left but his 'manhood' lives.

tankara1010:
He is such a fool to return that money. When the money will be shared by Northern cabal. Foolish Southerners...don't return stolen money in this corrupt country until there is transparent and accountable system in place. SMH!

EFCC should pick up this guy for supporting and promotion corruption. You are one of those that said Buhari's anti-corruption war is witch-haunt, now tell me, the money that Obanikoro has been returning in batches, is the money from sale of farm produce from his father's farm or from the sale of his father's family house or from his Esusu contribution like Mama Piss. We shall see the end of corruption in Nigeria. This anti-corruption war is total and final.