"N4.7bn scam: Obanikoro gave N1.7bn to Omisore – EFCC . .

Detained former Minister of State for Defence, Senator Musiliu #Obanikoro, yesterday, stunned the Economic and Financial Crimes Commission, EFCC, with a fresh revelation that he gave former Osun State Deputy Governor, Senator Iyiola Omisore, the sum of N1.7 billion out of the N4.7 billion he got from embattled former National Security Adviser, Col. Sambo Dasuki, retd. . . The former Nigerian Ambassador to #Ghana, it was learned, made the revelation after spending the second night in EFCC custody in Abuja since he arrived from his base in the United States of America on Monday to sort out issues with the commission. . . The EFCC had earlier raided his Lagos home and carted away vital documents relating to the said fund transfer. A top source in #EFCC told Vanguard that Obanikoro did not, however, say what the money he allegedly gave Omisore was. . . The source said: “The former minister, Obanikoro, has been cooperating very well with our operatives by giving detailed information regarding the N4.7 billion traced to him and companies linked to his sons. “Obanikoro has confirmed that he actually transferred the sum of N1.7 billion from the NSA’s Office to Senator Iyiola Omisore but did not say why he did so and what the money was meant for. “Obanikoro said out of N4.685 billon transferred to Sylva McNamara Limited, the sum of N3.880 billion was transferred to both Ayodele Fayose and Senator Omisore through cash and bank transfers. . “The location where I gave the dollars to him is called Spotless Hotel, Ado-Ekiti. One of the party leaders that was present was Dr. Tope Aluko, who was then the Secretary of our party, the Peoples Democratic Party, PDP. I transferred N1.7 billion to #Omisore. The money was paid into his account and companies nominated by him.” . . “
The former minister confessed that he never had any business dealings with Omisore and did not execute any contract for him to warrant the transfer of the huge sum of money from the ONSA to companies nominated by him. “Obanikoro was very clear in the way the transaction was carried out. He did not mince words at all."