Embattled former Minister of State for Defence, Senator Musiliu Obanikoro may soon be let out of custody by the EFCC, following indications that he has agreed to make refunds of the money he allegedly collected from the Office of National Security Adviser (ONSA), The Nation reports. . . The anti-graft agency accused the ex-minister of collecting N785m from ONSA while in office. His friends and associates are understood to be rallying around him to raise the funds as a first step to secure his bail. Obanikoro is understood to be targeting N100m as first installment of the refund. . . From ONSA, about N4.685bn was transferred to Sylva McNamara Ltd, a company allegedly linked to the ex-Minister. Obanikoro told EFCC interrogators that N3.88bn of the N4.685bn was allocated to Gov" Fayose of Ekiti State and Senator Iyiola Omisore. . . He also said he handed over $5.377m cash to Fayose. He said the balance of N785m was expended on alleged anti-Boko Haram campaign in Lagos and the South-West."
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