The Economic and Financial Crimes Commission (EFCC) has received more evidence linking former junior Minister for Defence Musiliu Obanikoro, who now is hiding abroad, with the infamous Ekitigate election scandal of June 2014 and the related plot to rig the Osun State gubernatorial election, SaharaReporters has learned.
According to a source, the commission obtained financial transaction information and witness testimonies connecting Mr. Obanikoro with a group of companies which received at least N1.45 billion to rig the two governorship elections last year.
The N1.45 billion was allegedly funneled into the accounts of five companies, all of which were under the control of Mr. Obanikoro. The evidence of these transactions emerged from EFCC interrogations of ten suspects connected with the $2.1 billion arms scandal involving the Office of the National Security Adviser (ONSA), Sambo Dasuki.
In a report last week, The Nation newspaper said it was told by a source that massive amounts of money were moved from the Federal Government to an “ex-Minister” to rig the Ekiti and Osun State governor contests. SaharaReporters has confirmed that the former minister in reference is Mr. Obanikoro.
According to the source, who quoted by the newspaper,“The huge funds were paid into the accounts of the ex-Minister for elections in the two states,” and “some military and security personnel were to benefit from the slush funds”were shortchanged.
Mr. Obanikoro is currently thought to be hiding out in the United States. Sources speaking with a SaharaReporters correspondent disclosed that agents of the Department of State Security recently intercepted several calls between a panicky Mr. Obanikoro and the former Senate President, David Mark, in which the former Minister pleaded for assistance from Mr. Mark regarding his forthcoming legal problems.
The same sources said that Mr. Obanikoro fears extradition if he remains where he is hiding and is therefore trying to “eliminate” the prospects of legal proceedings against him in Nigeria.
One of the suspects interrogated by the EFCC is an official of the ONSA who confirmed that the funds were transferred to the five companies at the behest of a former Accountant-General.
According to reports and SaharaReporters’ investigations, the companies controlled by Mr. Obanikoro which received the deposits included: Stellavera Dev Company (N300m), First Aralac Global Limited (N300m), First Aralac Global Limited (N100m), Damaris Mode (N300m), Stellavera Dev Company (N200m), and Whese Farms Ltd (N250m).
The funds were used either to influence the elections in Ekiti and Osun States or simply laundered, or were earmarked for the 2015 presidential elections.
Efforts by Mr. Obanikoro to quash the EFCC’s investigation from the United States have reportedly failed so far.
Source: SaharaReporters http://adenaij..in/2015/12/efcc-uncovers-n145-billion-paid-to_29.html

T is for thief

Always the same story

This is what wailers wanted us to continue with...

Na everybody misappropriated money during election na. Ask Ameachi and Atiku, they know what I mean.

EFCC is always uncovering, please it's high time we ask them who covered all those things they are uncovering..





EFCC deceiving Nigerians since 419AD

make I spread mat

Poor journalistic brains.

Funds Where eida used for this or that! Shame reporters

Propaganda govt. I hope SR are also part of the come chop that was social media change agents hosted by Aisha buhari? Anyway, looting is going on as speak. The media is bought while the streets ain't smiling! Chanji is a scam

Fayose, ur time Don dey tick o

Enough of this heart breaking news
Govt should hasten up and put them all behind bars
We should even start worrying if these people are human beings with all these stolen funds and the poverty in the land
Smh

But when did the office of NSA become cash dispenser? This is a question I am yet to understand if all this allegations were true then he ought to be given to the raven to feast on

demarc001:
Na everybody misappropriated money during election na. Ask Ameachi and Atiku, they know what I mean.

U r correct!

Thieves everywhere