Musiliu Obanikoro, the detained former minister of defence Wednesday threw more light on how the N4.745billion paid into the account of a company linked to him by the Office of the National Security Adviser (ONSA) was disbursed.
The disbursements includes the sum of N4.685billon paid to Sylva McNamara Limited and another N60million cash handed to Ekiti State Governor Ayo Fayose. He also informed (EFCC) operatives that N3.880billion was allocated to Fayose and Sen. Iyiola Omisore . According to Obanikoro,over $5.377m cash was given to Fayose at Spotless Hotel, Ado-Ekiti in the presence of the former Secretary of the Peoples Democratic Party (PDP) in the state, Dr. Tope Aluko, and other party executives.
The ex-minister, told his interrogators there were heaps of bank transfers to buttress his statement.
He said: “Out of N4.685billon transferred to Sylva McNamara Limited, N3.880billion was transferred to both Ayodele Fayose and Senator Omisore through cash and bank transfers.
“The dollars contents were handed over to Fayose personally by me in the presence of some party leaders and he collected it and took it to the room next to where we were all seated.
“The location where I gave the dollars to him is called Spotless Hotel, Ado-Ekiti. One of the party leaders that was present is Dr. Tope Aluko, who was then the secretary of our party, the Peoples Democratic Party (PDP).
“I transferred N1.7 billion to Omisore. The money was paid into his account and companies nominated by him. He gave the list of companies for the transfer of the N1.7billion that was released by the NSA to him.
“The funds were therefore transferred as prescribed by Omisore in full. That is to the account of the companies he provided. Details can be obtained from the bank that transferred the money.
“I, Musiliu Obanikoro, did not buy or sell any landed property from Sen. Omisore. The National Security Adviser, Col. Sambo Dasuki (retd) did not disclose to me what the funds were meant for and neither did I ask or I did not know the source of the funds.”
He added: “The balance of N785milion was used to prosecute the following: 1. procurement of souvenirs for the promotion of anti-Boko Haram insurgency in Lagos; 2. N200million for surveillance activities; 3. N200million and other remaining funds were for operations managed by Taiwo Kareem.
“Taiwo Kareem impressed the former NSA with his management of pre and post-election funds. To God be the glory, the two elections were carried out without any loss of life
“When bomb blast occurred in Lagos on the 25th of June 2014, the NSA was disturbed and told me of his commitment to ensure that such doesn’t reoccur.
“He expressed the grave consequence that the reoccurrence will have not only on Lagos but the economy of the entire country. He emphasized the need for local input to complement the activities of security agencies. This is how Sylvan McNamara was introduced.”