• Crime
  • Updated: November 30, 2023

Ex-minister reveals how N1.219bn was airlifted to Fayose for 2014 election

Ex-minister reveals how N1.219bn was airlifted to Fayose for

The former Minister of State for Defence, Musiliu Obanikoro, disclosed on Wednesday that N1.219 billion in cash was airlifted to the ex-governor of Ekiti State, Ayodele Fayose, during the 2014 election.

Fayose is currently facing trial by the Economic and Financial Crimes Commission alongside his company, Spotless Investment Limited, over their alleged involvement in N6.9 billion money laundering.

As a witness for the EFCC, Obanikoro testified before Justice Nnamdi Dimgba of the Federal High Court in Abuja, stating, "I was a minister under Jonathan’s administration. Sometime in 2014, we were going to have an election in Ekiti State. Some days before the election, I got a call from Governor Fayose asking me if I received any message for him from ONSA; I told him I would call him later."

Obanikoro continued, "Then I had a phone conversation with the NSA, and he told me that N2.2 billion was paid into the Sylvan Mcnamara Ltd account. And I handed over the N1.219 billion cash to Mr Agbele, the bank manager, for onward delivery to Fayose. I didn’t take N19 million, contrary to a publication by a Lagos-based online platform."

Addressing his relationship with Sylvan Mcnamara Ltd, Obanikoro explained, "the account was created to deal with the issue of Boko Haram in Lagos. We airlifted the funds from Lagos in two tranches because the aircraft could not accommodate the funds."

Justice Dimgba adjourned the case to February 27, 2024, for the continuation of the trial.

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