Stella Dimoko Korkus.com: Obanikoro Responds To EFCC Probe Of Sons Over Alleged N4.8billion Fraudulent Payment

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Sunday, January 31, 2016

Obanikoro Responds To EFCC Probe Of Sons Over Alleged N4.8billion Fraudulent Payment

Former Minister of State, Foreign Affairs Musiliu Obanikoro has challenged the Economic and Financial Crimes Commission to sincerely publish the names of the directors and signatories to the Sylvan McNamara Limited account that allegedly received N4.8billion from the office of the National Security Adviser.



In a statement circulated on his behalf by his media aide, Jonathan Eze, Mr. Obanikoro said the EFCC should provide details of the real signatories to the account “as at when the said money was paid instead of demonising and deceiving Nigerians with vague, contrived and distorted information”.


“Obanikoro is appalled by the public political persecution embarked upon by these agencies noting that there is nowhere in the world where investigations are being conducted using the pages of the newspapers,” the statement said.


The former minister also “queried the wisdom and logic of bandying figures and associating same with his sons who are thorough bred professionals in their own rights reminding them that the court of law is and remains the judicial institution for trying cases and not whipping sentiments in order to give the dog a bad name and hang it.”

Saying he served the nation in various capacities with enviable and untainted records of public service, Mr. Obanikoro urged the EFCC to be straight and above board in its investigations and avoid speculations and conjectures that are infringing on the fundamental human rights of his sons.

The statement reads in parts,
“Associating my sons to the Sylvan McNamara account that allegedly received funds from the office of the embattled National security Adviser is highly preposterous and unthinkable.I am particularly amazed by the fact that trials and investigations are being done using the media unconventionally just to satisfy the cravings of political entities who are desperate to rub my hard earned reputation in the mud.

“I am using this medium to challenge … the EFCC to publish in good conscience the signatories and the names of the directors of the said company and to restate that I shall conclusively pursue this injustice and infringements to a logical end.”

The former minister also attacked news website, SaharaReporters, for publishing the report indicating that an account linked to his sons received funds from the NSA office.
Reports had indicated that two sons of the former minister Babajide and Gbolahan Obanikoro, were on the radar of the Economic and Financial Crimes Commission after 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.



culled:premiumtimes.



6 comments:

  1. Na so dem go dey make my mouth like say dem dey innocent Bcos they feel their tracks are covered.
    I personally know a director in CBN that has helped him launder huge amnts of money 2014/15
    Na d poor nigerians wey dey defend ds vagabonds in govt I pity pass

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  2. Let them return the money and stop all dis mess

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  3. I thought thorough investigations are usually carried out before most issues under are made public? How come here it's the opposite? Just asking ooooh.

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  4. hmmmm were are d ppl who are saying the whole anticurruption saga is a witch hunting, we have not seen any revelation yet, nigerians who are laying curses on PMB will be the ones praying for him atlast, money that is meant for development of our country, some wicked ppl were busy sharing it amongs themselves, no wonder our formal first lady opened up the act by saying this blood you are sharing , sharing of country wealth has been d order of d day for so long, they destroyed our schools,.refused to fix our roads bcos they dont use the roads , they refused to build industries bcos they have enough money for their children and great grand children incase there is no more money in d country, they build mansions in d most expensive areas, they hire the best security for their families, civil servant who work and depends on their meagar salary cannot be paid bcos some wicked and evil minded ppl have stolen the money, God is using PMB to expose them, and some of them have beung returning their loot, God will continue to expose them.and put them to shame.

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  5. PD Young Billionaire1 February 2016 at 01:17

    E be like say this man go still go jail...

    ReplyDelete

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