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News

Obanikoro Returns N100m To EFCC

Farouk Mohammed
By Farouk Mohammed
Published: November 3, 2016
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Obanikoro

Former Minister of State for Defence during President Goodluck Jonathan’s administration has returned N100 million to the Economic and Financial Crimes Commission (EFCC).

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ObanikoroFormer Minister of State for Defence during President Goodluck Jonathan’s administration has returned N100 million to the Economic and Financial Crimes Commission (EFCC).Obanikoro was detained after he presented himself to the agency for investigations into the alleged receipt of N2bn from former National Security Adviser, Sambo Dasuki.
Obanikoro was detained after he presented himself to the agency for investigations into the alleged receipt of N2bn from former National Security Adviser, Sambo Dasuki.

Sources at the EFCC told PremiumTimes that the Commission’s chairman, Ibrahim Magu had earlier rejected Obanikoro’s offer to return N100 million.

It was gathered that Magu demanded a refund of N600 million within a stipulated time, but was rejected by Obanikoro.

“He refused to sign the pledge, saying the money was too much,” an EFCC source said.

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EFCC spokesperson, Wilson Uwujaren also confirmed that Obanikoro has returned the money.

Uwujaren said the agency is verifying the payment and continuing investigations.

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ByFarouk Mohammed
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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
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