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EFCC to arraign Obanikoro, Fani-Kayode in November

26 October 2016, 10:34

Abuja - There were indications on Tuesday that the Economic and Financial Crimes Commission was making arrangements to arraign the former Minister of State for Defence, Senator Musiliu Obanikoro, in November, Punch reports.

An EFCC operative stated that the commission would commence the prosecution of the former minister in the first week of November.

The source did not specify the exact charges that would be filed against the former minister, who was arrested penultimate Monday and has since been in EFCC custody.

Babajide and Gbolahan, two of Obanikoro’s sons, were said to be directors of Silva McNamara when N4.7bn was allegedly paid into the company’s accounts.

The money was said to be part of the amount earmarked to finance the June 21, 2014 Ekiti State governorship election, which Governor Ayodele Fayose won, and the November 19, 2014, governorship poll in Osun State, which Iyiola Omisore of the Peoples Democratic Party contested and lost.

Investigations revealed that the commission would arraign the former minister in connection with the claim that N785m was spent out of the funds traced to McNamara to prosecute the campaign against Boko Haram in Lagos and the South-West.

Obanikoro had told his EFCC interrogators that N200m was spent on surveillance activities and another N200m and N385m on logistics and operations of the anti-Boko Haram campaign, which he claimed were supervised by one Taiwo Kareem, whom he identified as the owner of McNamara.

Meanwhile, the EFCC has concluded arrangement to file new charges against the former Minister of Aviation, Femi Fani-Kayode according to Tribune.

A top operative of the commission said Fani-Kayode would be prosecuted for allegedly receiving N26m from the Office of the National Security Adviser on November 21, 2014.

EFCC spokesman, Wilson Uwujaren denied that the former minister slumped in the custody of the anti-graft agency.

- News 24


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