Fayose, Obanikoro, Omisore lose N2.273b assets

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EFCC has recovered property and cash worth N2.273 billion from Governor Ayodele Fayose, ex-Deputy Governor Iyiola Omisore and a former Minister of State for Defence, Senator Musiliu Obanikoro, out of the N4.685 billion allocated to them by the Office of National Security Adviser (ONSA).
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According to TheNation, the said cash, which was sourced from the $2.1 billion voted for arms procurement, was meant for the 2014 governorship campaign by Fayose and Omisore on the ticket of PDP.
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The trial of Omisore by EFCC is expected to begin any moment from now because charges have been preferred and filed against him. The EFCC is awaiting a date from the court for the arraignment of Omisore, who might be re-arrested.
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The prosecution of Fayose is withheld till after the completion of his tenure and immediately he hands over to the next governor of the state.
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But Obanikoro, who was allegedly the courier of the fund to Fayose and Omisore, was still being investigated by detectives following more cases he was allegedly linked with.
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A fact-sheet obtained from the EFCC revealed that out of the N4.685 billion, detectives traced N2.0030 billion to Omisore; N685 million to Obanikoro and N1.3 billion and $5.377 million (at the exchange rate of N168 to $1) to Fayose.

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