By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: EFCC Freezes Obanikoro Daughter’s Account
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

EFCC Freezes Obanikoro Daughter’s Account

Farouk Mohammed
By Farouk Mohammed
Published: July 21, 2016
Share
1 Min Read
SHARE

Musiliu-Obanikoro-690x450-1-1-1-1-1

The Economic and Financial Crimes Commission has frozen an account linked to Shalewa Obanikoro, the daughter of a former Minister of State for Defence, Senator Musiliu Obanikoro.

According to EFCC investigators, about N1.2bn passed through the account which belongs to an oil firm.

Shalewa, who is a signatory to the account, was said to have personally mandated Fidelity Bank to transfer N800m from the account to another account within the bank.

- Advertisement -

A source in the anti-graft agency on Tuesday said, “We have frozen an account in which Obanikoro’s daughter is a signatory. She specifically mandated the bank to transfer N800m from the account to another account.

“We discovered that money was paid into the account at various times. The money came in N50m, N20m, N30m and various sums.

“She said the money was for oil and gas transactions. So, we have frozen the account as investigations continue. We want to know where the funds came from. At least N1.2bn has passed through the account.”

The EFCC was said to have made the discovery of Shalewa’s transactions when it was investigating the N4.7bn allegedly paid into the account of Obanikoro’s two sons – Babajide and Gbolahan.

- Advertisement -

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:EFCCObanikoroShalewa Obanikoro
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
Previous Article I Won’t Contest for Anything After My Tenure Expires – Fayose
Next Article I Was Betrayed, Insulted By Christians as CAN President – Oritsejafor

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Rate

Okay.ng Logo
Buy Rate ₦1,560.00
Sell Rate ₦1,570.00

Updated: 2 days ago

Displayed rates are for informational purposes only and are subject to change.

Quick Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Kano Governor, Emir Sanusi, and Jigawa Leaders Attend Alhaji Aminu Dantata’s Burial in Saudi Arabia
News
Two Firefighters Killed in Idaho Wildfire Ambush as Gunman Opens Fire
International
FG Rewards 18 Civil Servants with Cars, Laptops for Outstanding Service
News
FG Allocates N1.6tn to States, FCT for Infrastructure and Security Over 15 Months
News
PDP Crisis Deepens as Rival Factions Prepare for Separate NEC and National Caucus Meetings in Abuja
Politics Top stories
- Advertisement -
Ad imageAd image

You May Also Like

Energy & Oil

Dangote Refinery Unveils N720bn CNG Truck Fleet to Slash Fuel Costs, Save Nigeria Over N1.7trn Annually

Muhammad A. Aliyu
Muhammad A. Aliyu
June 30, 2025
Security

Nigerian Troops Neutralize Terror Kingpin Mai Dada, Recover Arms in Multi-Region Operations

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 29, 2025
News

NNPP Welcomes Possibility of Rabiu Kwankwaso Joining APC Amidst Ganduje’s Resignation

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 29, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?