Over N1.2bn  was handed over to a former Minister of State for Defence, Senator Musiliu Obanikoro, and his son, Gbolahan according to an official of Diamond Bank, Damola Otuyalo, who made the confession to  officials of the Economic and Financial Crimes Commission. The handover was  captured on a Closed Circuit Television.

Over N1.2bn  was handed over to a former Minister of State for Defence, Senator Musiliu Obanikoro, and his son, Gbolahan according to an official of Diamond Bank, Damola Otuyalo, who made the confession to  officials of the Economic and Financial Crimes Commission. The handover was  captured on a Closed Circuit Television.

Over N1.2bn  was handed over to a former Minister of State for Defence, Senator Musiliu Obanikoro, and his son, Gbolahan according to an official of Diamond Bank, Damola Otuyalo, who made the confession to  officials of the Economic and Financial Crimes Commission. The handover was  captured on a Closed Circuit Television.

He said that the N1.2bn was part of the N4.7bn paid into the company account of Obanikoro’s sons by the Office of the National Security Adviser during the build-up to the Ekiti and Osun states governorship election in 2014. He was asked by the Head of Operations and Technology, Mr. Premier Oiwoh, to arrange N1.2bn and pay six beneficiaries: Saturaki Bello N200m; Yusuf Bulama N120m; Chimenum Njoku N250m; Franklin Tolani N150m; Josiah Moses  N280; and Abubakar Sadiq Zanna N200m.

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 “The beneficiaries were not available to be paid as I did not see them and I was later directed by Mr. Premier Oiwoh to move the money to the airport where I will be given further instruction. We moved the cash to the airport through the Cash-In-Transit vendor, Bankers Warehouse Limited. I contacted the vendor who made the bullion van available for movement. I personally supervised the loading of the money into the bullion van and escorted them to the airport.”

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Gbolahan Obanikoro

 “When Gbolahan got to the gate, he cleared us and we drove in. My boss, Mr. Premier Oiwoh, called me on the telephone and confirmed to me that Obanikoro was the beneficiary of the money.I handed my phone over to Gbolahan and he spoke to my boss. Obanikoro came to meet us at the private wing with two policemen and some friends. I recognised Obanikoro very well because he is popular.”

Otuyalo added, “We loaded the first aircraft with money and Obanikoro flew with his friends on the first flight. The second aircraft was loaded with money but it could not carry all the cash due to the size of the aircraft and the weight it could carry.I recall that another aircraft was also used to move the final batch of the money from the bullion van. The second and third movements were supervised by Gbolahan after Obanikoro had left with the first flight. The operation took several hours because we got to the airport around 7am and left around 4pm. The cash was bagged in cash bags totalling about 65 and everything was offloaded from the bullion van after which I reported to my boss, Mr. Oiwoh.

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