Former Minister of Defence, Senator Musiliu Obanikoro,
yesterday paid N100.4m out of about N785m allegedly
collected from the Office of National Security Adviser (ONSA)
by Sylvan McNamara Limited, a company which was
will pay the balance, but there are indications that he
had entered into a commitment with the EFCC. The ex-
Minister may regain freedom any moment from now,
following the partial fulfilment of his undertaking.
It was learnt that a prima facie case has been established
“beyond reasonable doubt” against Obanikoro. A top source
in the EFCC said:
“After many days of foot-dragging, he has
“After many days of foot-dragging, he has
paid back N100.4m.
This, however, does not mean that we are dropping any
charges against him. Our objective is first of all to recover the
illegal funds.
The decision on his trial will depend on the
The decision on his trial will depend on the
review of his case and the extent to which he is liable.
You know the ex-Minister has admitted flying over
N1.299billion to Akure in two shuttles for Gov. Fayose. He
also confessed that he personally gave $5.377m (N60m then)
cash to Fayose.
He admitted on oath that he was used to siphon public funds
meant for arms purchase. These are all criminal offences
which are punishable by the nation’s laws.
The testimonies of
The testimonies of
Obanikoro will hasten his trial and ongoing prosecution of all
the suspects implicated in the arms cash.”
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