After agreeing to pay N785m, Obanikoro to still remain in detention

– The EFCC says Senator Obanikoro will still remain in detention till he perfects his bail condition

– One of this is the return of N100 million which he is yet to do

– Some friends of the former minister are trying to raise the fund

Senator Musiliu Obanikoro is making preparation to return an initial payment of N100 million to the Economic and Financial Crimes Commission (EFCC).

The former minister had agreed to refund N785 million which he collected from Sambo Dasuki, who was the former national security adviser.

Obanikoro was targeting an initial payment of N100 million but his inability to raise the money has so far affected his bail condition.


Since he willingly submitted to the anti-graft agency for questioning, Obanikoro has been cooperating by providing details of how N3.880billion was given to Governor Ayodele Fayose and Sen. Iyiola Omisore from Sylva McNamara Limited, a company allegedly linked to the him.


Senator Musiliu Obanikoro yet to pay N100m to EFCC

The Nation reports that former minister was desperately trying to return N100 million as associates were rallying around him to raise the fund.


An EFCC source said: “The ex-Minister is yet to pay back any money out of the N785million in question. Although he promised initial remittance of N100million, he is yet to do so.

“Instead, he said he will make a commitment to the EFCC to refund the cash. He begged for more time to enable him to look for the refund.

“We are however expecting him to make reasonable refund; we cannot accept just an undertaking from him. He needs to live up to his promise.

“The refusal to refund any amount has been a major issue why his bail is being delayed.”

Meanwhile, Governor Fayose insisted that something was fishy about Obanikoro’s sudden return to Nigeria and to the EFCC.

“I remembered all his statements in the press, but this dramatic return, he did not stop at the airport and there was a clear entrance straight to the EFCC custody simply shows that there is a hand of Saul in the voice of Jacob,”

“I’m used to all these conspiracies and the fact remains that in all these, Jesus is Lord, in all these, victory is sure, in all these, I’ve not lost any battle and I’ll not lose any. Let me believe that Obanikoro did not say all these because whatever you say, you would have to prove it in court. It is not enough to just say it. If he’s saying all these to get out of trouble, it is just a drama of the moment. I know he is looking for ways out of the quagmire as his house was seized, his bank accounts were frozen and all that. May be, my brother and friend, Obanikoro is looking for easy way out so they have to heap everything on Fayose.

“I’m used to all these. In the meantime, I am busy as governor of Ekiti delivering good governance to my people. What they wanted during their conspiracy at my first tenure was to stop me politically forever. They didn’t want me to rise politically again; that was what all the first poultry allegation with EFCC in 2006 is all about but I won.

“Again, if Obanikoro says he gave me such huge money, where did he get it from? Why will he take such huge cash like that? Why will an honourable federal minister of the country be saying that he took cash like this and gave to me? You can now see how EFCC operates, but we will talk about that when we get to court. They are only looking for ways for nexus, to link me at all cost, to destroy me at all cost. It is just like in the Bible when they asked the people should we replace the thief with Jesus for the punishment but the people said no, it is Jesus we want.

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