Obanikoro desperately seeking first N100m refund for freedom | This Is Miss Petite Nigeria Blog

Thursday, 27 October 2016

Obanikoro desperately seeking first N100m refund for freedom

Former Minister of State (Defence) Musiliu Obanikoro is yet to refund the N785million allegedly collected from the Office of National Security Adviser (ONSA), The Nation learnt yesterday.

Of the cash, Obanikoro planned to immediately refund about N100million to regain his freedom and look for the balance,The ex-minister is said to be desperately seeking how to refund the money.
A top source, who spoke with the Nation correspondent, said:
 “The ex-Minister is yet to pay back any money out of the N785million in question. Although he promised initial remittance of N100million, he is yet to do so.
“Instead, he said he will make a commitment to the EFCC to refund the cash. He begged for more time to enable him to look for the refund.“We are however expecting him to make reasonable refund; we cannot accept just an undertaking from him. He needs to live up to his promise.“The refusal to refund any amount has been a major issue why his bail is being delayed.”
The EFCC had discovered that Sylvan Mcnamara Limited, allegedly owned by Obanikoro and his sons,   was used to launder the N4.745billion.

Obanikoro told Economic and Financial Crimes Commission (EFCC) detectives that N3.880billion was given to Governor Ayodele Fayose and Sen. Iyiola Omisore out of the said cash.

He also said he handed over $5.377m (N60m then) cash to Fayose at Spotless Hotel, Ado-Ekiti in the presence of the former Peoples Democratic Party (PDP) Secretary Tope Aluko and other party stalwarts.

He said the balance of N785million was expended on alleged anti-Boko Haram campaign in Lagos and the Southwest by Sylvan Mcnamara.

9 comments:

  1. Ehen.. so all this money dey and some people can't av 3square meals a day! God is watching ya'all

    ReplyDelete
  2. This comment has been removed by a blog administrator.

    ReplyDelete
  3. Our politicians are so greedy. Kai!

    ReplyDelete
  4. Enter your comment...SMH for all dese politicians. After stealing huge amount,dey will b claiming sickness wich shall eventually b dier portion!!!

    ReplyDelete
  5. arrgh when Nigerians are suffering can you imagine the type of money these politicians are sharing among themselves. I hope Nigerian Youths wake up from their slumber

    ReplyDelete
  6. Politics we all know is not a 'clean game'. Politicians will one way or the other help themselves. Even in so called advanced democracy, talking about the western democracy. In Nigeria politics, the winner takes it all. They are those who deep their hands into public fund to fight for the common good. Do people expect APC to go about seeking bank loan to fight a party like PDP who have been deeply entrenched in government for 16 years and wasn't ready to let go of power without a fight? APC had to do what they had to do, fight PDP with the same government fund at their disposal. PDP just steal for their comfort, they stole to destroy the country, the level of corruption and impunity under PDP was on imaginable scale. It is easier to destroy than to build. Buhari doesn't have an enviable task. By divine intervention he won, and I will keep praying to God Almight to guide him and give him the wisdom to set things right. And that should be the prayer of all those who wish the country well.

    ReplyDelete



For Inquiries/Tipoff emepretty@gmail.com - Call 08095369321