Obanikoro to testify against Fayose Over 4.7Bn Fraud

A former Minister of State for Defence, Senator Musiliu Obanikoro has agreed to testify against Ekiti State Governor, Ayodele Fayose and his aide, Mr. Abiodun Agbele.

Since Obanikoro earlier confessed in his statement of oath that he was the one who collected the N4.7bn and distributed it, the EFCC wants him to testify against Agbele which will also build a strong case against Fayose who currently enjoys immunity.

Obanikoro has agreed to this and he will be listed as one of the EFCC witnesses. If Agbele is convicted, Fayose will also be convicted once he is charged in 2018 after his immunity in office expires.

Obanikoro has reportedly returned N104m and has pledged to return N480m in instalments every four months. This is part of his plea bargain and negotiation, a common practice in criminal justice across the world.”

However, if Obanikoro cannot cooperate with the EFCC, then he and his sons may be charged along with the others.

Meanwhile, Obanikoro’s lawyer, Mr. James Onoja (SAN), said he was not aware that his client was with the EFCC but promised to find out.

In his statement, the ex-minister told the EFCC that he handed N1.3bn to the then governorship candidate of the Peoples Democratic Party in Osun State, Senator Iyiola Omisore; while N1.219bn was given to Fayose through his aide, Agbele, during the build-up to the Ekiti governorship election which Fayose won.

Obanikoro was said to have converted a remainder of the money into $5.377m and handed  it to Fayose at Spotless Hotel, Ado Ekiti, in the presence of the then Ekiti State PDP Secretary, Tope Aluko, and other party stalwarts.

Agbele is currently standing trial before Justice Dimgba Igwe of a Federal High Court for allegedly receiving N1.219bn on behalf of Fayose.

A Zenith Bank Manager and branch Head has narrated in details how the money, which took the cashiers 10 days to count was disbursed on the instructions of Agbele

Author: Tolu

Writer, Learner. Mum & Maid