EFCC Reveals How Fayose Received N1.2 Billion from Dasuki through Obanikoro

Posted by African Examiner Featured, Latest Headlines, News Across Nigeria, News From The State Wednesday, July 6th, 2016

BALTIMORE, MD (AFRICAN EXAMINER) – The Economic and Financial Crimes Commission (EFCC), has revealed details of how funds from the Office of the National Security Adviser (ONSA), were transferred into Mr.Ayodele Fayose’s personal bank account.

According to an affidavit filed by the anti-graft agency, the slush fund was channeled through Musiliu Obanikoro, former Minister of State for Defence, to Fayose’s accounts.

It also revealed how N1.21 billion out of N2.26 billion paid to the account of Slyvan Mcnamara Limited, a company said to belong to the sons of Obanikoro was disbursed by Fayose.

The affidavit reads in part:

“Prior to Obanikoro’s arrival in Akure, Alade Oluseye, a staff of Zenith Bank, had informed his colleague, Lawrence Akande, that the money was being brought through the Akure Airport for lodgement and since the volume of the cash was huge, he would be needing a bullion van to convey the money.

“On June 17, 2014, Oluseye, accompanied by Biodun Agbele, who was fronting for Fayose, arrived the Akure airport and took delivery of N724,500,000.00 from Obanikoro who was with his ADC, Lieutenant Colonel A.O Adewale.

“The next day, N494, 990,000.00 was delivered by Obanikoro in the same manner at the airport. In all, Obanikoro conveyed N1, 219,490,000.00 through a chartered aircraft belonging to GYRO AIR Limited with registration number: HS125-800 5N-BMT.

“After Oluseye took delivery of the money from Obanikoro, on June 19, 2014, Agbele was instructed by the governor to deposit N219million in cash to De-privateer Limited’s Zenith Bank account number: 1013835889.

“On the same day the said Biodun Agbele made another cash deposit in the sum of N300million being part of the proceeds of crimes to the said De- privateer Ltd’s with the 2nd Respondent.

“On the 23rd June, 2014 the sum of N200, 000,000.00 (Two Hundred Million Naira) being part of these proceeds of crime, was also deposited to the said De-Privateer Ltd’s account domiciled with the Respondent by Biodun Agbele whilst acting in concert with the Applicant.

“On the 26th day of June,2014 the said Biodun Agbele on the instruction of Applicant further dissipated the proceeds of crime by depositing the sum of N137,000,000.00 (One Hundred and Thirty-Seven Million Naira) to account No. 1003126654 domiciled with the 2nd Respondent in the name of the Applicant.

“On the 22nd and 27th day of August, 2014 Biodun Agbele also deposited the sum of N50, 000,000.00 (Fifty Million Naira) and N118, 760,000.00 (One Hundred and Eighteen Million, Seven Hundred and Sixty Thousand Naira) respectively to the said account which sum formed part of the proceeds of crime.

“In further dissipating the proceeds of crime deposited and retained in the account referred to in paragraphs (d) and (g) above, the sum of N300,000,000.00 (Three Hundred Million Naira) was put in a fixed deposit account No. 9013074033 in the name of the Applicant on the 7th day of April,2015.

“On June 17, 2014, Agbele deposited N100 million to the account of Spotless Investment Limited, owned by Fayose, with Zenith Bank (number: 1010170969). On June 23, 2014, he also deposited N49 million to the account of Spotless Investment.

EFCC argued that contrary to the claim by Fayose that the EFCC arbitrarily freeze his account, the agency said it got an interim order from Justice Mohammed Idris of the Federal High Court in Lagos to prevent further dissipation of the slush funds.