Musiliu Obanikoro Recovers N500M Worth Of Houses and Land Seized By EFCC

Date: 25-11-2018 9:30 am (5 years ago) | Author: Daniel Bosai
- at 25-11-2018 09:30 AM (5 years ago)
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Former Minister of State for Defence, Senator Musiliu Obanikoro, and his family members have been able to recover three properties worth about N500m from the Economic and Financial Crimes Commission, EFCC.

According to a report by Sunday Punch, the properties include four terrace houses located at 44 Mamman Kotangora Crescent in the highbrow Katamkpe Extension area of Abuja; a parcel of land in Guzape District and a duplex at Olori Mojisola Onikoyi Avenue, Ikoyi, Lagos.

Upon visit to the location of the properties on Thursday, the erstwhile red paint inscription, ‘EFCC, Keep Off!’ had been wiped off on the walls of the buildings.

Obanikoro, who defected to the All Progressives Congress from the Peoples Democratic Party about a year ago, was under investigation along with his two sons for alleged money laundering.

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The ex-minister was accused of receiving N4.7bn from the Office of the National Security Adviser under the leadership of Col. Sambo Dasuki (retd.) in 2014.

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About N2.2bn out of the funds was allegedly handed over to the then governorship candidate of the PDP in Ekiti State, Governor Ayodele Fayose, while N1.3bn was said to have been given to the then Osun State governorship candidate, Senator Iyiola Omisore.

Obanikoro has, however, been converted to a prosecution witness and is expected to testify against Fayose who he allegedly handed part of the money to.

The ex-minister and his wife, Moroophat, had, in 2016, sued the EFCC for seizing the houses but lost as the court ruled that the EFCC had the right to seize properties of persons under investigation.

In our opinion, once you join the APC while being investigated, your ‘dirty’ slate is wiped clean. Hmmmmmm


Posted: at 25-11-2018 09:30 AM (5 years ago) | Addicted Hero
- Mykie010 at 25-11-2018 10:57 AM (5 years ago)
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I forgot he is how an APC member
Posted: at 25-11-2018 10:57 AM (5 years ago) | Gistmaniac
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- dareper at 25-11-2018 12:06 PM (5 years ago)
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Buhari is working huh?. once u join APC u become a    saint or whiter than snow. We re doomed in this country.
Posted: at 25-11-2018 12:06 PM (5 years ago) | Hero
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- kacylee at 25-11-2018 01:23 PM (5 years ago)
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whats the point of seizing it in the first place..... mtchhheeeew this Naija factor just tire me

Posted: at 25-11-2018 01:23 PM (5 years ago) | Addicted Hero
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- kaposky at 25-11-2018 02:26 PM (5 years ago)
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ORIGINAL ZOO NATION, WITH A COW OLD FOOL CORRUPT HERDSMAN  BUHARI RULING IT. THUNDER GO FIRE ALL OF UNA ONE BY ONE
Posted: at 25-11-2018 02:26 PM (5 years ago) | Gistmaniac
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