N4.7bn probe: Obanikoro to remain in EFCC custody

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According to reports, the former Minister of State for Defence, Musiliu Obanikoro, is to remain in the custody of the Economic and Financial Crimes Commission throughout the weekend, according to report.


Obanikoro is being detained by the anti-graft agency in connection with an ongoing investigation into the alleged disbursement of N4.7bn.

A top operative of the commission said in Abuja, on Friday, that operatives handling Obanikoro’s case had yet to conclude their interrogation, which was why he would remain in the custody for the continuation of the probe on Monday.

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According to the source, the EFCC is looking into details of the case involving the former minister and other key actors of the immediate past administration.

It was further learnt that the commission could be probing other transactions involving the minister.

The source said, “The man is still being interrogated; the operatives interrogating him have not concluded their job.

“I know that he is still with the commission as we are talking now. He is not likely to be released this weekend.”

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The Head of Media and Publicity of the EFCC, Mr. Wilson Uwujaren, confirmed that Obanikoro was still in the commission’s facility on Friday.

The former minister arrived the country from his base in the United States to respond to an invitation by the commission. His invitation was in connection with the payment of N4.75bn to Sylva McNamara, a company in which he is said to have substantial interest.

Obanikoro told his interrogators that Sylva McNamara received N4.685bn out of which N3.880bn was paid to the Governor of Ekiti State, Ayodele Fayose and Senator Iyiola Omisore.

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He had told his interrogators that he transferred N1.7bn to Omisore who was the candidate of the People’s Democratic Party in Osun State while Fayose got N2.3bn.

He was also said to have told the commission that the sum of N1.3bn was received by one Abiodun Agbele, on behalf of Fayose.

One thought on “N4.7bn probe: Obanikoro to remain in EFCC custody

  1. Mr obimiokoro should be detained as long as the case last, he might run again if the case intensifies

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