We airlifted N1.219bn to Fayose for 2014 election, Obanikoro tells court

Musiliu Obanikoro, a former minister of state for defence,  has narrated how N1.219 billion cash was airlifted to Ayodele Fayose, former Ekiti state governor, in 2014.

Giving evidence as a witness of the Economic and Financial Crimes Commission (EFCC) on Wednesday, Obanikoro told the court that he received the money from Sambo Dasuki, former national security adviser (NSA), as directed by Fayose.

“I was a minister under Jonathan’s administration in 2014. Sometime in 2014, we were going to have an election in Ekiti State. I was saddled with the responsibility of coordinating the activities in the election,” Obanikoro said.

“Some days before the election, I got a call from governor Fayose asking me if I received any message for him from ONSA, I can recall that prior to that, we had some activities among which was fundraising for the purpose of that election.

“When Mr. Fayose called, I told him I would call him later. I had a phone conversation with the NSA and was told he would get back to me. After, he got back to me that N2.2 billion was paid into the account of Sylvan Mcnamara Ltd.” 

The former minister said he did not know the source of the funds, adding that “only the NSA can explain the source of the fund”.

“I handed over the N1.219 million cash to Agbele for onward delivery to Fayose. I did not take any money or N19 million, contrary to a  publication by a Lagos-based online platform,” he said.

When asked about his relationship with Sylvan Mcnamara Ltd, the former minister stated that “the account was created to deal with the issue of Boko Haram in Lagos”.

“The account was created by Taiwo Kareem and was used for the purpose of disbursing funds for election,” he added.

“I put a call through to let Fayose know that the money had been paid.

“Diamond Bank had said it did not have the capacity to make the funds available, so we opted to airlift the funds.  The funds were airlifted from Lagos in two tranches, the volume was much.

“Myself, my ADC and my security orderly were there, including a top aide of  Fayose to meet Mr. Agbele, the bank manager. I instructed my orderly to escort Mr Agbele and ensure the safe delivery of the money.

“We airlifted the funds from Lagos in two tranches because the aircraft could not accommodate the funds. We used two aircraft and I was in one of the aircraft.”

Nnamdi Dimgba, the presiding judge, adjourned the matter to February 27, 2024 for continuation of trial.

Fayose is being prosecuted by the EFCC, alongside his firm, Spotless Investment Limited, following their alleged involvement in N6.9 billion money laundering.