EFCC After Former Minister Obanikoro’s Children Over N4.8billion

Babajide and Gbolahan, two sons of former Minister of state for Defence, Senator Musiliu Obanikoro, are said to be currently on the radar of the EFCC. Sources disclosed that N4.745bn was traced to a company, Sylvan McNamara Limited, in which they have interest.

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. N200m was transferred into the account on June 5, 2015.

N2bn was also wired into the account from the CBN/ Imprest Main account on June 16, 2015. Another transfer of N700m hit it on July 7, 2014, while N1bn 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. Gbolahan and Babajide are said to be directors of the company and signatories to its account until 2014 when one Olalekan Ogunseye was made the sole signatory. EFCC sources disclosed that the payments were made without any contract.