Versatile Reporters has just confirmed the release of
a former Minister of State for Defence, Senator Musiliu Obanikoro by the Economic and Financial Crimes Commission (EFCC).
We gathered that Obanikoro was released around 5pm on Friday and has returned home.
His release is in compliance with the former minister having met all his bail conditions on Thursday.
Obanikoro was said to have returned N100m and
pledged to return N480m while his American and
Nigerian passports were submitted to the EFCC.
Recall that Obanikoro was accused of receiving N4.7bn through the Office of the National Security Adviser in 2014. While he personally enjoyed N785m, the remaining was used in sponsoring Governor Ayodele Fayose of Ekiti State and Senator Iyiola Omisore who was the governorship candidate of the Peoples Democratic Party in Osun State in 2014.

Source: www.versatilereporters.com/2016/11/efcc-finally-releases-obanikoro.html