76 Views

EFCC Reveals How N4.7bn Was Traced To Obanikoro, Fayose

In a shocking revelation on Tuesday, the Economic and Financial Crimes Commission (EFCC) said it had made a breakthrough in how over $15 billion was siphoned from the account of the Office of the National Security Adviser (NSA) during the administration of former President Goodluck Jonathan.
The anti-graft agency has frozen the bank accounts of the Ekiti State Governor, Ayodele Fayose, and the account of a company belonging to the two sons of a former Minister of State for Defence, Musiliu Obanikoro, and disclosed that it had recovered evidence of the alleged illegal transactions from the banks.
The bank tellers and other relevant documents, which were made available to correspondents, showed that the alleged scam took place between April 4, 2014, and December 15, 2014, when a total of N4.745 billion was paid into the Diamond Bank account of Sylvan McNamara.
A document made available to correspondents showed that Sylvan McNamara was incorporated in November 2011, with Ikenna Ezekwe, Idowu Oshodi and Elizabeth Adeniyi as directors.
It was learnt that on May 7, 2012, the company passed a resolution that it should open an account at Diamond Bank and have the following persons as signatories – Gbolahan Obanikoro, Babajide Obanikoro, (The sons of Musiliu Obanikoro), Ikenna Ezekwe and Theresa Matuluko.
A source at the EFCC said, “The entire fraud started from the company that Obanikoro’s sons were operating. The company was set up by some people but curiously made Obanikoro sons signatories to the account.”
It was learnt that after money was paid into the firm’s account, about N759,384,300 was transferred into the accounts of about six bureau de change operators. The two bureau de change operators, who received the bulk of the funds, were A. A. G. B.S Oil and Gas and North Line Limited. While A. A. G. B. S received N168m on June 16, 2014, North Line Limited received N835,000 on July 14; N83,750,000 on June 17; N1, 680,000 on September 3, 2014; about N2,325,300 on September 9; N5,932,500 on September 17 and N842,500 on July 30.
“The owner of A. A. G. B. S Oil and Gas confirmed to us that the company is a BDC but was only bearing the name of an oil company. He confirmed that he received N168m from Sylvan McNamara and $1m was delivered to Obanikoro in cash while he was the Minister of State for Defence based on the exchange rate at the time.
 
“Obanikoro acknowledged receipt of the cash and we have recovered evidence. Some of the remaining dollars was received by Obanikoro’s son, Gbolahan,” a detective at the EFCC said.
The detective at the EFCC further revealed that about N2 billionn from the money was withdrawn by the Obanikoro sons and then flown to the Akure Airport, Ondo, for onward transfer to Ekiti State.
While presenting the flight document, the detective said, “On June 12, 2014, barely 10 days to the Ekiti State governorship election, Obanikoro and a man, who claimed to be his Aide-de-Camp by the name of A. O. Adewale, chartered a private jet belonging to OAS Helicopters.
 
“About N724,500,000 was conveyed on the plane with tail number N638MA. The plane was an HS125 jet, operated by Okin Travellers, a subsidiary of Elizade. The plane landed at Akure at 9.38am and then went back to Lagos to get an extra N494,900,000 and landed at Akure at 5.57pm.
 
“Obanikoro handed the money over to one Abiodun Agbele, otherwise known as Abey, an associate of Fayose. Officials of Zenith Bank arrived at the tarmac in a bullion van to convey all the cash to the bank’s vault, located at 13 Alagbaka Estate, Akure.”
The detective, who presented bank tellers, said Abey gave the bank instructions at different times to pay the money into Fayose’s Zenith Bank account even after the elections.
He added, “Abbey directed the bank to pay N137m into the account of Ayodele Fayose with number 1003126654 and Bank Verification Number 22338867502. The bank teller dated June 26, 2014, was filled by Abbey with teller number 0556814.
 
“Abbey directed the bank to transfer N118,760,000 to the same account and paid in N50m cash into Fayose’s account.
 
“On April 7, 2015, several months later, Fayose personally moved N300m to his fixed deposit account at Zenith Bank with number 9013074033 with the same BVN. The account is domiciled at 15 Olusola Abiona Street, Estate, Alapere, Ketu, Lagos.”
The source added that on the instructions of Fayose, Abbey deposited N100m in the account of Spotless Investment Limited, a hotel, which is owned by Fayose and his wife, Olayemi.

Get the best viral stories straight into your inbox!

Don't worry, we don't spam

Leave a Comment

Your email address will not be published.

Latest Posts

Ara Hosts Diplomatic Communities For Screening Of ‘Osunfunke’
Art, History and Culture
60 views
Art, History and Culture
60 views

Ara Hosts Diplomatic Communities For Screening Of ‘Osunfunke’

PH - December 17, 2017

Ara, better known as the queen of drums, screened her new film ‘Osunfunke’ for diplomatic communities, and corporate Nigeria. The premiere event held recently in Oshogbo and was well…

OAP Nancy Isime Shares Success Story, Says She’s Never Afraid To Try
Entertainment
72 views
Entertainment
72 views

OAP Nancy Isime Shares Success Story, Says She’s Never Afraid To Try

PH - December 17, 2017

Nigerian OAP and host of Hip TV show “Trending“, Nancy Isime is celebrating her birthday today and few hours prior, she took time out to reflect on her life and journey…

‘Why I Killed For Politicians’ – Confession of 25-Year-Old Ex-cultist (Photo)
Shocking
144 views
Shocking
144 views

‘Why I Killed For Politicians’ – Confession of 25-Year-Old Ex-cultist (Photo)

PH - December 17, 2017

He used to be Nigerian politicians’ Man Friday, the ultimate Mr. Fixer in our murky world of politics. He used to kill and maim for them, at…

Photos: Desmond Elliot Shows Up At Constituency As Santa Claus To Share Gifts
Entertainment
81 views
Entertainment
81 views

Photos: Desmond Elliot Shows Up At Constituency As Santa Claus To Share Gifts

PH - December 17, 2017

We are already in the season of sharing and Nollywood actor turned Politician, Desmond Elliot is already putting smiles on faces of people of his constituency. The actor turned up…

How Alleged Killer Wife Maryam’s Mum, Brother, Househelp Tried To Hide Evidence – Police
Shocking
117 views
Shocking
117 views

How Alleged Killer Wife Maryam’s Mum, Brother, Househelp Tried To Hide Evidence – Police

PH - December 17, 2017

The Nigerian Police Force, yesterday, alleged before an Abuja High Court at Jabi that family members of Maryam Sanda, wife of murdered son of erstwhile Chairman of…

Agriculture: Ogun State Government To Start Sale Of Mass Ofada Rice (Photos)
Agriculture and Farming
71 views
Agriculture and Farming
71 views

Agriculture: Ogun State Government To Start Sale Of Mass Ofada Rice (Photos)

MT - December 17, 2017

The Ogun State Government mass produced Ofada rice, is to be ready for sale to the public this Christmas season in all the Local Government and Local…

2019 Election: Fr. Mbaka Refutes Claims ‘God Has Not Revealed Anything About Atiku’
Politics
80 views
Politics
80 views

2019 Election: Fr. Mbaka Refutes Claims ‘God Has Not Revealed Anything About Atiku’

MT - December 17, 2017

The Spiritual Director, Adoration Ministry, Enugu Nigeria, Rev. Fr. Ejike Mbaka has disowned media reports, which quoted him as saying that former Vice President, Alhaji Atiku Abubakar…

Popular Crime Buster, Abba Kyari’s Brother, Farouk Kyari Graduates As Assistant Police Superintendent
Buzz & Trends
102 views
Buzz & Trends
102 views

Popular Crime Buster, Abba Kyari’s Brother, Farouk Kyari Graduates As Assistant Police Superintendent

MT - December 17, 2017

Crime buster Abba Kyari's younger brother has graduated as ASP.Abba Kyari shared the good news yesterday and wrote... 'My Junior brother Farouk Kyari Graduated as an Assistant…

Nigerian Lady, Diana Tattoos Wizkid’s Face On Her Body Says, “Its Permanent, I Won’t Marry”
Entertainment
82 views
Entertainment
82 views

Nigerian Lady, Diana Tattoos Wizkid’s Face On Her Body Says, “Its Permanent, I Won’t Marry”

MT - December 17, 2017

A Nigerian lady and an apparent die-hard fan of Wizkid, Diana, tattooed his face and name on her back and according to her, the tattoo is permanent…

‘I Am In No Competition With Phyno’ – Olamide Reacts To Phyno’s Sold Out Concerts
Entertainment
76 views
Entertainment
76 views

‘I Am In No Competition With Phyno’ – Olamide Reacts To Phyno’s Sold Out Concerts

PH - December 17, 2017

Reacting to critics claim that he is scared of Phyno, over his successful soldout concerts at huge venues at the Nnamdi Azikwe Stadium in Enugu, YBNL Boss, Olamide who changed the…

SARS Operatives And Their Luxurious Lifestyle Revealed
Best of Nigeria
98 views
Best of Nigeria
98 views

SARS Operatives And Their Luxurious Lifestyle Revealed

MT - December 17, 2017

When Tunde Arigbabu (not real names) stepped out of his house in the Ijaiye Ojokoro area of Lagos State that fateful morning in June this year, he…

Meet The Most Controversial Nigerian Celebrities For The Year 2017
Entertainment
67 views
Entertainment
67 views

Meet The Most Controversial Nigerian Celebrities For The Year 2017

MT - December 17, 2017

2017 is indeed a big year for the Nigerian Entertainment industry… A whole lot happened. Some celebrities blew beyond expectations. Some had issues that carpeted their career…

NUC Ranks Ahmadu Bello University No 1 In Nigeria (See Full List)
Best of Nigeria
82 views
Best of Nigeria
82 views

NUC Ranks Ahmadu Bello University No 1 In Nigeria (See Full List)

MT - December 17, 2017

Ahmadu Bello University emerges Highest ranked University in Nigeria (SEE Full List) Congratulations To Amadu Bello University, Zaria. The National University Commission has released its rankings for…

This Bride Calls Off Traditional Wedding Just A Day To The Event In Delta; Refuses To Give Reasons
Shocking
84 views
Shocking
84 views

This Bride Calls Off Traditional Wedding Just A Day To The Event In Delta; Refuses To Give Reasons

MT - December 17, 2017

A prospective bride, Blessing Esakpe shocked everyone as she decided to call off her traditional wedding to her prospective hubby, Comrade Monday Ezuzu, just a day to…

Femi Fani-kayode Reacts To NBA And UNILORIN Student’s Hijab Controversy
Politics
86 views
Politics
86 views

Femi Fani-kayode Reacts To NBA And UNILORIN Student’s Hijab Controversy

MT - December 17, 2017

The controversy surrounding the Nigeria Bar Association and the Unilorin student who was denied a call to Nigeria Bar has been generating controversy since two days now.…

Ex-Governor Alao Akala, Actress Turned Politician, Funke Adesiyan, Teslim Folarin, Others Dump PDP For APC (Photos)
Politics
86 views
Politics
86 views

Ex-Governor Alao Akala, Actress Turned Politician, Funke Adesiyan, Teslim Folarin, Others Dump PDP For APC (Photos)

MT - December 17, 2017

APC National leader, Bola Ahmed Tinubu, Osun state Governor Rauf Aregbesola , Ondo state Governor Rotimi Akeredolu in Ibadan today to officially receive Chief Alao Akala, Actress,…

Gidado Idris Dies And Buried. Presidential Hopeful, Atiku Abubakar Attends Burial (Photos)
Politics
69 views
Politics
69 views

Gidado Idris Dies And Buried. Presidential Hopeful, Atiku Abubakar Attends Burial (Photos)

MT - December 17, 2017

Former Vice President Atiku Abubakar and other dignitaries at the funeral prayer for late former SGF, Alh. Gidado Idris, at National Mosque, Abuja.

See What Ex-Super Eagles Player, Tijani Babangida Looks Like Now
Sports
120 views
Sports
120 views

See What Ex-Super Eagles Player, Tijani Babangida Looks Like Now

MT - December 17, 2017

Tijani Babangida and Daniel Amokachi pictured at the Africa legends game which held in Kano recently. They are players of our time that brought glory to Nigeria.…

Loading...