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EFCC traces N4.7bn arms fund to Obanikoro, Fayose

22 June 2016, 08:27

Lagos - The Economic and Financial Crimes Commission yesterday stated that it made a breakthrough in uncovering how over 15 billion dollars was taken from the account of the Office of the National Security Advisor, Punch reports.

News24 Nigeria reported that the EFCC froze the bank accounts of Ekiti State Governor, Ayodele Fayose, and the account of a company, belonging to the two sons of former Minister of State for Defence, Musiliu Obanikoro.

Also read: Fayose exposes Aisha Buhari's role in bribery scandal

The EFCC's actions were based on information received from banks that outlines alleged illegal transactions by the two, during the administration of former president, Goodluck Jonathan.

The EFCC also claim to have documents in their possession that shows a paper trail of how the money was illegally accrued and transported to the two accused parties.

According to News24, President Muhammadu Buhari has continued his was of words with Fayose, challenging him to show any evidence regarding his allegations that Aisha Buhari was involved in a fraud scandal.

The Presidency labelled Fayose as childish and as someone who is purely motivated by grabbing headlines.

For more on this story, visit Punch.

- News24 Nigeria


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