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Finally! Ex-minister Obanikoro returns N100m to EFCC


Former minister of state for defense Musiliu Obanikoro has returned N100million of the money looted by him from the coffers of the country, Premium Times reports.

Senator Musiliu Obanikoro
Senator Musiliu Obanikoro has agreed to make refunds of the money he allegedly collected from the Office of National Security Adviser (ONSA)

Obanikoro was said to have recently made the payment to the Economic and Financial Crimes Commission (EFCC) and Premium Times says it has been confirmed by “sources close to the former minister and others at the anti-graft agency”.

READ ALSO: Anti-corruption war: Former custom chief returns N1bn loot, mansion to FG (photo)

But the EFCC, it reports, wants more than the N100m. The chairman of the anti-corruption body Ibrahim Magu was said to have demanded N500million more but Obanikoro had refused to agree, saying he could not get such money from anywhere even though he continued to cooperate with investigations.

“He refused to sign the pledge, saying the money was too much,” an EFCC source was quoted as saying. “He had really carried himself very well since he got here, really cooperating with everyone.”

READ ALSO: UPDATED: Why PDP chairman Ahmed Makarfi, Jonathan’s cousin visted Fani-Kayode in detention

Earlier, Sahara Reporters reported that the ex-minister will have to stay longer in detention after his cheque of N40million to the anti-corruption body bounced at the bank.

It quoted operatives of the commission as saying that the cheque was declared a dud when it was presented at the bank.

It is not clear if the EFCC will still take up the ex-minister on this.

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