Alade Sunday, a compliance officer with Zenith Bank, Akure, Ondo State, on Monday narrated how his bank helped the duo of former Minister of State for Defence, Musiliu Obanikoro, and Governor Ayodele Fayose of Ekiti State move N1.2 billion.
Mr. Sunday, the prosecution’s principal witness, spoke during the trial of Abiodun Agbele, an aide to Mr. Fayose.
He told the court that as compliance officer, he was worried about the large sum of money being transported, but did not report it to […]
Jonathan Eze, Media Aide to Senator Musiliu Obanikoro has confirmed his release by the Economic and Financial Crimes Commission, EFCC.
A statement issued by the media aide on Friday evening read, “It delights us to announce that the former Minister of State for Defense, Senator Musiliu Obanikoro has been released from the custody of the Economic and Financial Crimes Commission (EFCC), this evening. We are however not resentful but thankful to the Almighty for the gift of life and good health […]
According to reports, the Economic and Financial Crimes Commission (EFCC) late Friday granted administrative bail to a former Minister of State for Defence, Senator Musiliu Obanikoro.
The former minister is being investigated over allegations that he secured contracts from the Office of the National Security Adviser (ONSA) worth about N4.7 billion.
Obanikoro had remained in the custody of the EFCC since he turned himself in on October 17.
As condition for his release, highly placed sources said that Obanikoro had returned N100 million, […]
Ex-Minister of State for Defence, Senator Musiliu Obanikoro, has signed an undertaking to return N480m to the Federal Government.
Obanikoro has also submitted his United States of America and Nigerian passports to the Economic and Financial Crimes Commission.
In addition, the ex-minister has provided two sureties who are directors in the Federal Civil Service.
Impeccable sources reevaled that these were part of the conditions given to the ex-minister for his release.
A source said, “The EFCC asked Obanikoro to submit his passports. He was […]
Indications emerged yesterday that former minister of state for Defence, Musiliu Obanikoro may spend more time with the Economic and Financial Crimes Commission (EFCC) as his offer to pay back N100 million to government coffers was reportedly rejected.
Obanikoro had earlier dared the anti-graft agency who declared him wanted on allegations that he used a company, Sylvan Mac Namara, owned by his sons, to siphon N4.68 billion from the Office of the National Security Adviser (ONSA), under retired Col. Sambo Dasuki.
According to reports, the Economic and Financial Crimes Commission (EFCC) has said a former Minister of State for Defence, Musiliu Obanikoro, has returned the sum of 100 million Naira to the Nigerian Government.
Spokesperson of the anti-graft agency, Wilson Uwujaren, on Thursday confirmed the payment.
He said the EFCC chairman, Ibrahim Magu, rejected the initial offer and demanded that the former Minister signed an undertaking to pay back the sum of 600 million Naira within a stipulated time.
But the former Minister rejected, […]
A fresh insight has been given into what Bishop Mathew Kukah discussed with the trio of Femi Fani-Kayode, Musiliu Obanikoro and Reuben Abati during his visit to EFCC detention facilities Monday.
Jude Ndukwe, media aide to Fani-Kayode said in a statement Tuesday that, “On Monday, October 31, 2016, the highly revered Catholic Bishop of Sokoto Diocese, His Lordship, Bishop Matthew Hassan Kukah, paid a visit to the trio of Chief Femi Fani-Kayode, Musiliu Obanikoro and Dr Reuben Abati in EFCC custody. […]
According to reports, the Catholic Bishop of Sokoto Diocese, Most Rev’d Matthew Kukah, on Monday visited the custody of the Economic and Financial Crimes Commission, EFCC, in Abuja, where he prayed for some chieftains of the Peoples Democratic Party, PDP, currently being detained.
Kukah prayed for former Minister of Aviation, Femi Fani-Kayode, former Minister of state for Defence, Musiliu Obanikoro and ex-spokesman to the immediate past president, Reuben Abati.
The trio are being held for allegedly benefiting from the slush funds said […]
According to reports, the detained former Minister of State for Defence, Sen. Musiliu Obanikoro, has refunded the sum of N100m to the Economic and Financial Crimes Commission.
A top associate of the former minister noted that the former minister had yet to be released after the payment of the N100m as of the time of filing this report by 9pm on Friday.
The EFCC had given a bail condition to Obanikoro, who has been in custody since October 21, 2016, to refund […]
According to report, the Economic and Financial Crimes Commission, EFCC, has said former Minister of state for Defence, Senator Musiliu Obanikoro, is not been used as bait to implicate Ekiti state governor, Ayodele Fayose, or any other person.
Making this revelation yesterday, a source at the EFCC said the case of the former minister would be treated strictly on its own merit, contrary to insinuations that the agency ferried him into the country to be used as a prosecution witness against […]