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Senator Omisore Returns N350m to EFCC

Farouk Mohammed
By Farouk Mohammed
Published: November 5, 2016
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Iyiola Omisore

A former Deputy Governor of Osun State has now paid back N350million of the N1.7billion public funds which the Economic and Financial Crimes Commission ( EFCC) traced to him.

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Iyiola OmisoreA former Deputy Governor of Osun State has now paid back N350million of the N1.7billion public funds which the Economic and Financial Crimes Commission ( EFCC) traced to him.Omisore first paid N300million and another N50million to the EFCC yesterday.
Omisore first paid N300million and another N50million to the EFCC yesterday.

A top-level source in the EFCC confirmed the development, saying: ”We hope he will pay up the balance as soon as possible.”

“We are determined to retrieve all slush funds for the nation’s use,” the source added.

About N4.685billon was transferred by the Office of National Security Adviser (ONSA) to Sylva McNamara Limited, a company linked to a former Minister of State for Defence, Mr. Musiliu Obanikoro.

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Of the sum, about N3.880billion was allegedly given to Governor Ayodele Fayose and Senator Omisore through cash and bank transfers by Obanikoro.

Omisore’s share was said to be about N1.7billion.

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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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