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EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B (30968 Views)

Ekitigate: Saharareporters Floors Former Minister Obanikoro In New York Court / EFCC Closes In On Ex-gov Over 29 Dubai Assets / EFCC Arrests Ex-Governor Lamido And Sons Over Money Laundering (2) (3) (4)

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EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by dotcomnamename: 9:51pm On Jan 29, 2016
SaharaReporters has exclusively learned that two sons of Nigeria’s former Minister of State for Defense, Musiliu Obanikoro, are currently on the radar of the Economic and Financial Crimes Commission (EFCC) over a massive amount of monies transferred to their accounts from funds budgeted for the procurement of weapons and other equipment for the country’s military. Two sources at the anti-graft agency told a correspondent of SaharaReporters that the EFCC had traced N4.745 billion to the bank account of Sylvan McNamara Limited, a company in which the former minister’s two sons, Ibrahim Babajide and Gbolahan Olatunde Obanikoro, have major interest.

Our sources disclosed that the funds were paid in several tranches into the company’s account number 0026223714 with Diamond Bank. The sources added that the funds were paid from an account maintained by the Office of the National Security Adviser at the Central Bank of Nigeria (CBN).

One of the sources revealed that all the transfers were made between June and December 2014. The period coincided with the preparations for and the conduct of the Ekiti State governorship election, ultimately won by Ayodele Fayose of the Peoples Democratic Party. SaharaReporters had exclusively obtained and released an audiotaped conversation in which Mr. Obanikoro, Mr. Fayose, former Minister for Police Affairs Jelili Adesiyan, and a few other PDP stalwarts instructed a top military officer, Brigadier General Momoh, on strategies for rigging the election for the PDP governorship candidate by intimidating supporters of then incumbent Governor Kayode Fayemi. Mr. Kayode also inaugurated a new campaign mode he nicknamed “stomach infrastructure,” which involved the doling out of massive amounts of cash to voters.

One investigator involved in looking into transfers of funds to Sylvan McNamara’s account hinted that some of the cash was routed to Mr. Fayose’s campaign.

For instance, on June 5, 2014, N200 million was transferred into the account of the firm owned by Mr. Obanikoro’s two sons. On June 16, 2014, few days before the election of Mr. Fayose, N2 billion was wired into the account from the CBN account maintained by the Office of the National Security Adviser. Another massive transfer, this time of the sum of N700 million, landed in the Obanikoro-affiliated account on July 7, 2014. On July 30, 2014, N1 billion was credited to the firm’s account. Other transfers included N160 million on August 8, 2014, N225 million on August 22, 2014, N200 million on November 14, 2014, and N200 million on December 5, 2014.

Our sources disclosed that both Gbolahan and Babajide Obanikoro were listed as directors of the company earlier incorporated in 2011 by Ikenna Ezekwe, Idowu Oshodi and Elizabeth Adebiyi. They added that Mr. Obanikoro’s two sons were also signatories to the company’s account until 2014 when one Olalekan Ogunseye was made sole signatory.

Our EFCC sources disclosed that investigators had discovered no contracts to back or justify the hefty payments made by the Office of the National Security Adviser, then headed by retired Colonel Sambo Dasuki, to Sylvan McNamara Limited.


Mr. Dasuki and numerous politicians have been indicted for illicit disbursement of more than $2 billion budgeted for the procurement of weaponry to empower the Nigerian military in its counter-insurgency operations against Islamist militant group, Boko Haram. While Mr. Dasuki disbursed the defense funds to politicians at the orders of former President Goodluck Jonathan, the Nigerian Army suffered high casualties as Boko Haram fighters attacked and sacked several military barracks.

The former Defense minister, Mr. Obanikoro, is currently resident in the US where he is reportedly registered as a student of history at Oglethorpe University in Georgia, USA. One of his two sons linked with the massive fraud resides in Suwanee, Gwinnett County in the state of Georgia where they own real estate purchased in August 2014.


Source: http://saharareporters.com/2016/01/29/efcc-closes-ex-nigerian-defense-minister-obanikoro-two-sons-over-n48b-diverted-arms

4 Likes 3 Shares

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by OgbeifunErom: 9:57pm On Jan 29, 2016
Koro the great thief and one of the chief facilitators of corruption under Jonathan the ineffectual Buffoon

Your end is coming. You will vomit all those Yams by fire by force.

There is a good reason why Jonathan and his cronies vehemently opposed the candidature of General Buhari. The man is crazy, even as a Buharist, I fear him.

Koro siphoned moneys meant for our military to acquire houses in the US and he thinks he would get away with it? Rubbish!

Let us see if IPOB and Wailers will adopt him as their new son. I wont be surprised.

Thank God he is in the USA where there is legislative provision for his repatriation to Nigeria and if he decides to use his American citizenship to evade justice in Nigeria, he will spend decades in prison there for tax evasion and illicit activities in Nigeria.

I love this grin grin

200 Likes 11 Shares

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by huntila(m): 9:57pm On Jan 29, 2016
Oh boy..wahala dey

2 Likes

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by Progressive01(m): 10:01pm On Jan 29, 2016
The period coincided with the preparations for and the conduct of the Ekiti State governorship election, ultimately won by Ayodele Fayose of the Peoples Democratic Party.
Just imagine this. angry

What happened in Ekiti remains one of the greatest perversion of our democracy and rule of law. It was a mandate stolen in broad day light under the fatherly supervision of the Ineffectual Buffoon, the custodian and distributor of everything sleazy in this country.

Koro would soon enough be summoned to account for the travesty he supervised and what jobs his thieving sons did for the NSA that they had to be paid so handsomely.

86 Likes 4 Shares

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by Gbawe: 10:05pm On Jan 29, 2016
Very good development if confirmed. I knew the cowardly Obanikoro took to his heels, even before PMB was sworn in, for very good reasons. They should crate the m.ofo back to Nigeria ojare cool

66 Likes 2 Shares

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by Day11(m): 10:06pm On Jan 29, 2016
Sharp Guy!

1 Like

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by Progressive01(m): 10:09pm On Jan 29, 2016
"For instance, on June 5, 2014, N200 million was transferred into the account of the firm owned by Mr. Obanikoro’s two sons. On June 16, 2014, few days before the election of Mr. Fayose, N2 billion was wired into the account from the CBN account maintained by the Office of the National Security Adviser. Another massive transfer, this time of the sum of N700 million, landed in the Obanikoro-affiliated account on July 7, 2014. On July 30, 2014, N1 billion was credited to the firm’s account. Other transfers included N160 million on August 8, 2014, N225 million on August 22, 2014, N200 million on November 14, 2014, and N200 million on December 5, 2014."


Just take a look at those figures!!
God punish Jonathan wherever he is. angry

180 Likes 8 Shares

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by Bishops10(m): 10:09pm On Jan 29, 2016
I just received alert which says Your acct has been credited with #400m by Colonel Sambo Dasuki. pls friends what does it mean? undecided

17 Likes 1 Share

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by godfirstawe: 10:14pm On Jan 29, 2016
Bishops10:
I just received alert which says
Your acct has been credited with #400m by Colonel Sambo Dasuki.
pls friends what does it mean? undecided

It means your family house will be taken over by EFCC and you take your resident in kuje

162 Likes 6 Shares

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by Nobody: 10:16pm On Jan 29, 2016
cheesy
Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by Topeakintola: 10:19pm On Jan 29, 2016
grin grin grin

Lalasticlala

Will this get on FP

Or is it Metuh day

2 Likes

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by aljharem(m): 10:22pm On Jan 29, 2016
Please have they asked tinubu ameachi and Co how they funded their election ?

rubbish

15 Likes 3 Shares

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by samento: 10:28pm On Jan 29, 2016
Bishops10:
I just received alert which says
Your acct has been credited with #400m by Colonel Sambo Dasuki.
pls friends what does it mean? undecided
You're on your way to Kuje estate.

17 Likes

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by arewafederation: 10:33pm On Jan 29, 2016
Obanikoro, the soon to be adopted son of IPOB miscreants..., Oga Magu is holding your file oooo. cheesy

That lousy governor will soon open his smelly orifice called mouth to start barking like a mad dog.

Long live Oga Magu...
God bless PMB.......... cool

62 Likes 4 Shares

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by aieromon(m): 10:37pm On Jan 29, 2016
grin grin

41 Likes 3 Shares

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by Bishops10(m): 10:58pm On Jan 29, 2016
samento:
You're on your way to Kuje estate.
Oh....Thank God I thought I will be like Nnamdi kanu

1 Like

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by doctokwus: 11:01pm On Jan 29, 2016
Like father like sons.
That was why one of the brats was moving around with armed police officers threatening and abusing inec officials on live television when he was declared loser in the Lagos state assembly elections.
Karma is about to hammer big again.

19 Likes

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by englishmart(m): 11:04pm On Jan 29, 2016
una no dey close for this site? 24hrs updating.

2 Likes 1 Share

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by kennyman2000(m): 11:04pm On Jan 29, 2016
Hmmmmm
Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by adonbilivit: 11:04pm On Jan 29, 2016
Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by Davicjoe(m): 11:04pm On Jan 29, 2016
Catch them allllllll.....

3 Likes

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by Nobody: 11:04pm On Jan 29, 2016
Ok


Spirits of nairaland.


But wait o! Is it only pdp people that chopped and looted Nigeria money?

3 Likes 2 Shares

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by cutetopsey(f): 11:05pm On Jan 29, 2016
All these polithievians and their sons are just too shameless....undecided

This is embezzlement!

With this, I think Jonathan fans will agreed that steeling is corruption..... They are highly corrupted!


Check my signature on how to get rid excess ugly belly fats

3 Likes

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by RedCapChief(m): 11:05pm On Jan 29, 2016
Honestly, these politicians don't know how to hide money. They're always giving it to their sons or relatives. Smarter people use proxies who are unrelated and always deal in cash.

10 Likes

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by criminalmindz: 11:05pm On Jan 29, 2016
Nothin will happen. President Buhari!
Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by criminalmindz: 11:06pm On Jan 29, 2016
Nothin will happen. Dullardinhoooo!
Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by Bishops10(m): 11:06pm On Jan 29, 2016
godfirstawe:


It means your family house will be taken over by EFCC and you take your resident in kuje
Is Kuje a bank? undecided

2 Likes

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by lonelydora: 11:07pm On Jan 29, 2016
Heads are truly rolling
Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by Kufie(m): 11:07pm On Jan 29, 2016
All this money going around and I'm still broke? This life sad

12 Likes 1 Share

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by vedaxcool(m): 11:08pm On Jan 29, 2016
grin grin another corruption scandal packaged and assembled by GEJ regime.

This man second term would have sunk Nigeria. God bless Nigeria. His mercy saved us from imminent destruction.

30 Likes 1 Share

Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by aare07(m): 11:09pm On Jan 29, 2016
T
Re: EFCC Closes In On Ex- Nigerian Defense Minister Obanikoro, Two Sons Over N4.8B by wristbangle(m): 11:10pm On Jan 29, 2016
I honestly do not envy the life of these shameless politicians. Stealing is their talent and un remorseful instinct is their vision.

11 Likes

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