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EFCC monitor: Obanikoro to return N480 million, submits passports to EFCC

by Ajadi Daniel

Senator Musiliu Obanikoro, a former Minister of State for defence, has signed an undertaken to return N480 million to the federal government, and also submits his United States and Nigerian passports to the EFCC.

In addition, he has also provided two sureties who are directors in the Federal Civil Service who according to requirements must also present a three-month salary pay slip.

Sources said the former Minister has returned N100 million and has pledged to return N480 million. The actual balance is meant to be N685m, but was able to provide receipts for some transactions. He paid N85m to someone and that person has been traced.

“He also bought some bulletproof vehicles when he was minister and they will be handed over to the EFCC. The cost of the vehicles will be deducted from the amount that should be returned. Having met the conditions, he should be released any time from now.”

In the light of this, could it be that EFCC is only interested in getting back the looted funds and not prosecuting the offenders, leave your opinion below.

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