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: Why Iyiola Omisore Is Still In Our Custody and Can’t Be Released Now – EFCC
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

Why Iyiola Omisore Is Still In Our Custody and Can’t Be Released Now – EFCC

Farouk Mohammed
By Farouk Mohammed
Published: July 14, 2016
Share
6 Min Read
SHARE

Senator-Iyiola-Omisore-1-1-1-1-1

The Economic and Financial Crimes Commission (EFCC) has justified its continued detention of former Deputy Governor of Osun State, Iyiola Omisore.

The EFCC gave details of its findings as regard how state’s funds were allegedly transferred to Omisore from the Office of the National Security Adviser (ONSA).

It said its investigation of Omisore’s alleged involvement in the diversion of state’s funds through the ONSA was still on-going and that it would need to hold on to the ex-Deputy Governor to prevent him from absconding.

- Advertisement -

An EFCC’s investigator, Kassim Yusuf, said these in a counter-affidavit the commission filed against an application for bail filed by Omisore before the High Court of the Federal Capital Territory (FCT), Abuja.

Yusuf, who stated that Omisore’s arrest and detention were backed by court orders, said the commission was planning to invite a number of the ex-Deputy Governor’s associates, who he named during interrogation.

He said the EFCC is ” investigating cases of alleged payments $ade by the office of immediate past National Security Adviser, Col. Mohammed Sambo Dasuki (rtd) to individuals and companies, with nothing to show for it.

“In one of the alleged cases which the 1st respondent (EFCC) is investigating, the name of the applicant (Omisore) featured prominently as a sole signatory to Firmex Gilt Ltd’s bank account domiciled at United Bank for Africa (UBA) Plc.

- Advertisement -

“A copy of a letter to UBA, forwarding signatory mandate card and statement of account of Firmex Gilt Ltd is hereby attached.

“Several payments were also made by the office of the immediate past National Security Adviser, Col. Mohammed Sambo Dasuki Trtd) into the bank account of Sylvan Menamara Ltd domiciled at Diamond Bank, with nothing to show for for it.

“Copies of e-payment schedules from ONSA and statement of accounts of Sylvan Menamara Ltd are hereby attached.

“From Sylvan Menamara Ltd’s Diamondaccount, the sum of N160,000,000 was deposited into the said account on 4th August, 2014 by the then NSA. Thus sum was subsequently transferred into Firmex Gilt Ltd’s bank account domiciled at UBA Plc on 8th August 2014.

“Investigation so far carried out, reveals that the applicant received hundreds of millions of naira from the office of the National Security Adviser, with nothing to show for it.

“In the course of interviewing the applicant, he has mentioned names of persons and companies through which monies from the office of the National Security Adviser got to him.

“There is need to those persons and companies mentioned by the applicant to make some clarification. If the applicant is granted bail, he will interfere with witnesses and he will also prejudice and frustrate our on-going investigation,” Yusuf said.

Arguing the counter-affiadvit yesterday, EFCC’s lawyer, Takon Ndifon argued that Omisore’s detention was not unlawful and did not amount to an abuse of his rights.

He contended that the fundamental rights enforcement suit initially filed before the court by Omisore, was merely intended to frustrate his investigation.

Ndifon stated that Omisore was invited by the EFCC on April 11, in relation to the investigation, but promised to honour the invitation on April 14.

“Instead of honouring the invitation in line with his rescheduled date of 14th April, 2016, he came and misled this court by obtaining an order of interim injunction restraining the 1st respondent (EFCC) from unlawfully arresting and detaining him without following the due process of law,” Ndifon said.

He stated that his agency, in compliance with the law, obtained a warrant of arrest and remand warrant “to keep the applicant in its custody for 14 days pending the conclusion of its investigation and the arraignment of the applicant in court.

Ndifon faulted Omisore’s claim to ill health, noting that he did not mention his ailment in his motion and that he also failed to establish that his purported ailment cannot be treated in the country.

“We further submit that, based on the applicant’s antecedent, if he is granted bail, he will abscond and he will never willingly present himself to the 1ts respondent for arraignment before any court of law.”

Omisore’s lawyer, Chris Uche (SAN) urged the court to grant his client bail. He faulted Omisore’s continued detention and argued that the court, having restrained the EFCC from arresting him, his current detention was illegal.

Uche also referred to his cleint’s ill health, which he said required that he be released from custody and allowed to attend to seek medical attention outside the country.

Justice Olukayode Adeniyi, after listening to parties, fixed ruling for Friday.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:EFCCIyiola Omisore
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 We Are In A Hurry To See Agricultural Projects Take Off – President Buhari
Next Article Full Text of Antonio Conte’s First Press Conference as Chelsea’s Manager (READ)

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 5 days ago (June 3, 2025 2:33 pm)

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

USD/NGN Converter

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

Recent Posts

Pastor Adeboye
Pastor Adeboye Shares Divine Directive: Leaving RCCG Could Lead to Tragic Loss
News
Anglican Bishop of Lafia Calls on President Tinubu to Address Root Causes of Nigeria’s Insecurity and Economic Woes
News
Egbe Bobakeye Okunrin Akile Ijebu Refutes False Claims About Queen Elizabeth II’s 1956 Visit
News
NRC Managing Director Warns Against Railway Vandalism: “We Don’t Have Scraps, We Have National Assets”
News
Tragic Head-On Collision in Jigawa Claims Nine Lives, Dozens Injured
News
- Advertisement -
Ad imageAd image

You May Also Like

Sport

Victor Osimhen Returns to Nigeria as Al Hilal Transfer Hangs in Balance Ahead of FIFA Club World Cup

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 7, 2025
News

Tinubu Urged by PDP to Cut Fuel and Electricity Costs Amid Eid-el-Kabir Festivities

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 7, 2025
Mike Ejeagha
News

Mike Ejeagha, Nigerian Highlife Maestro, Dies at 95

Muhammad A. Aliyu
Muhammad A. Aliyu
June 7, 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?