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Obanikoro admits giving N2.3bn to Fayose

19 October 2016, 12:17

Abuja - Former Minister of State for Defence Musiliu Obanikoro has admitted given Ekiti Governor Ayodele Fayose the sum of N2.23bn cash for the Ekiti governorship election in 2014, reports Punch.

Obanikoro who is being interrogated by the Economic and Financial Crimes Commission (EFCC) for N4.745billion wired to a company by the Office of the National Security Adviser (ONSA) said N60m of the amount was converted to dollars at N168 per to a dollar and given to Fayose.

The money was sourced from the $2.1billion meant for arms purchase by ONSA.

Obanikoro according to the Nation said he personally handed the sum of $5.37mn in cash to Fayose while the sum of N1.3bn was given to Fayose’s aide, Abiodun Agbele.

Obanikoro admitted that the N1.3billion was flown to Akure airport in two chartered flights for delivery to Agbele.

Also read: EFCC detains Obanikoro

Obanikoro was also said to have told the EFCC operatives that Agbele received the money in the presence of the ex-minister’s Aide De Camp, one Lt. Adewale, and officials of Diamond Bank

The former Minister denied ownership of Sylva Mcnamara that was used to transfer the funds to Fayose.

- News 24


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