#Dasukigate: EFCC closes in on Obanikoro, sons over alleged N4.8billion transfer

Former Minister Musiliu Obanikoro
Former Minister Musiliu Obanikoro

Two sons of former Minister of State for Defence, Musiliu Obanikoro, Babajide and Gbolahan Obanikoro are currently on the radar of the Economic and Financial Crimes Commission, EFCC, those familiar with the matter have told PREMIUM TIMES.

Sources at the anti-graft agency disclosed that about N4.75billion was traced to a company, Sylvan McNamara Limited, in which the two men have interest.

Operatives believe the investigation might lead to the invitation of former Minister Obanikoro himself. The politician is currently in the United States where he is said to be schooling.

The money was allegedly paid in several tranches into the company’s account number 0026223714 with Diamond bank from the Office of the National Security Adviser account with the CBN.

According to the source, all the transfers were effected between June and December 2014, a period that coincided with the preparation for and the conduct of the Ekiti state gubernatorial election which ushered in the current administration of Governor Ayodele Fayose.

For instance N200m was transferred into Sylvan Mc Namara’s account on June 5, 2015, while N2billion was also wired into the account from the CBN/ Imprest Main account on June 16, 2015.

Another transfer of N700million hit the account on July 7, 2014, while N1billion was credited to the account on July 30, 2014.

Other transfers included N160m on August 8, 2014; N225m on August 22, 2014; N200m on November 14, 2014 and N200m on December 5, 2014.

Both Gbolahan and Babajide Obanikoro, sources disclosed, as directors of the company, were also signatories to its account until 2014 when one Olalekan Ogunseye was made sole signatory to the account.

EFCC sources disclosed that the payments to the company from the office of the National Security Adviser, Sambo Dasuki, were made without any contract.

Mr. Dasuki is being prosecuted for allegedly mismanaging $2.1billion meant for arms procurement to tackle the Boko Haram insurgency in the North-west region of Nigeria.

NEVER MISS A THING AGAIN! Subscribe to our newsletter

* indicates required


Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD: To place a text-based advert here. Call Willie - +2347088095401

All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.