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Home Featured

Fayose Received $5m From Dasuki’s Impress – Obanikoro

by ReportersAtLarge
January 21, 2019
in Featured, News
Reading Time: 3 mins read
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Mr Ayodele Fayose

Mr. Ayodele Fayose

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A former Minister of State for Defence, Senator Musiliu Obanikoro, on Monday, told a federal high court that money was given to former Ekiti State Governor, Mr Ayodele Fayose, from the impress account of a former National Security Adviser, in June 2014.

Obanikoro gave evidence in the trial of Fayose before a federal high court in Lagos.

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Fayose is facing charges of N6.9 billion fraud.

He was arraigned by the Economic and Financial Crimes Commission (EFCC) on Oct. 22, 2018, alongside a company Spotless Investment Ltd., on 11 counts.

He pleaded not guilty to the charges and was granted him bail in the sum of N50 million with one surety in like sum.

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The substantive trial began on Nov. 19, 2018, with the EFCC calling four witnesses.

On Monday, Mr Rotimi Jacobs (SAN) appeared for the EFCC, while Messrs Kanu Agabi (SAN) and Olalekan Ojo (SAN) represented the first and second accused respectively.

Jacobs then called on Obanikoro, the fifth prosecution witness, to give evidence.

The counsel led the former minister in evidence.

Jacobs asked him where he was in 2014 and he told the court that he was the Minister of State for Defence.

The counsel asked him to tell the court what he knew about the case.

The witness testified that in June 2014, when Ekiti State governorship election was near, he received a call from the accused, enquiring from him if there was any ‘message’ for him from the then National Security Adviser (NSA), Col. Sambo Dasuki.

The witness said that he told Fayose that there was none but promised to check with the NSA and give Fayose feedback.

He told the court that eventually, the NSA confirmed to him that he had a “message” for the accused and that the funds would be made available.

The prosecutor then showed the witness exhibit E to confirm if it was the account to which the funds were transferred, and the witness replied: “Yes”.

The witness told the court that on June 13, 2014, and June 16, 2014, funds were posted into the account, adding that the funds were from the impress account of the NSA.

He said that he asked the accused how he wanted the money, and he told him that some amounts should be paid in Naira and others in dollars.

According to him, the money was eventually brought in a bullion van to the private wing of the Ikeja Airport, where one Agbele, sent by the accused, was on standby.

He testified that after confirmation from the accused, the money was taken to Ekiti.

The witness told the court that afterwards, he went to Ado-Ekiti to meet the accused in his hotel, known as Spotless, and gave him the dollar component which was five million dollars.

The prosecution counsel asked Obanikoro how many days it was to the Ekiti governorship election when he gave Fayose the money.

“About three days to the election,” the witness replied.

The prosecution also asked the former minister the source of the money.

“The NSA is the only person that can ascertain the source of the money; it is from the impress account of the NSA,” he said.

The counsel asked how the money was debited and the witness told the court that he gave instructions to the managing director of the Diamond bank, but was not available when the deductions were made.

When asked his connection with the accounts, Obanikoro said that it was used for security purposes, adding that he would not want to divulge further information on that.

After the evidence, the defence sought an adjournment to enable it to cross-examine the witness.

After several objections and counter objections, the court granted an adjournment until Feb. 4, for cross-examination of Obanikoro.

The EFCC said that on June 17, 2014, Fayose and Agbele took possession of N1.2 billion for purposes of funding his gubernatorial election campaign.

The commission said that the accused reasonably ought to have known that the sum formed part of crime proceeds.

It alleged that Fayose received a cash payment of five million dollars (about N1.8 billion) from Obanikoro without going through any financial institution, noting that the sum exceeded the amount allowed by law.

It also accused Fayose of retaining N300 million in his Zenith Bank account and taking control of the aggregate sums of about N622 million which sum he ought to have known formed part of crime proceeds.

Fayose was also alleged to have procured De Privateer Ltd. and Still Earth Ltd., to retain in their Zenith and FCMB accounts, the aggregate sums of N851 million which formed part of crime proceeds.

He was also accused of illegally used the aggregate sums of about N1.6 billion to acquire properties in Lagos and Abuja.

The accused was also alleged to have used the sum of N200 million to acquire a property in Abuja in the name of his elder sister Moji Oladeji, which sum he ought to know also formed crime proceeds.

Tags: ayodele fayoseEFCCekiti stateMusiliu Obanikoro
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