N4.7bn Fraud: EFCC Blocks Omisore, Obanikoro’s Sons’ Accounts

The Economic and Financial Crimes Commission, EFCC, has frozen the five bank accounts linked to the former deputy governor of Osun State, Senator Iyiola Omisore, together with the two sons of the former minister of state of defence, Senator Musiliu Obanikoro. It was learnt that the anti-graft agency blocked the accounts as part of investigations into the N4.7bn allegedly diverted from the impress account of the Office of the National Security Adviser, NSA when Sambo Dasuki held sway. The seized accounts are; Sylvan McNamara with Diamond Bank; Sawanara Limited with First Bank; Fimex Gilt Limited with the United Bank for Africa; and Metropolitan Consortium with First Bank. It was also learnt that Sylvan McNamara, a company which Obanikoro’s two sons, Gbolahan, and Babajide were directors, allegedly received N4.7bn from the ONSA in 2014, while about N1.3bn was said to have been transferred to Omisore. According to the anti-graft agency, “On July 9, 2014,  N150m was paid into the account of Sawanara Limited with First Bank. On August 1, 2014, N300m was paid to Sawanara Limited. “On August 8, 2014, about N160m was paid into the account of Fimex Gilt Limited domiciled with UBA. On the day of the election, August 9, 2014, N350m was paid into the First Bank account of Metropolitan Consortium. All the accounts were linked to Omisore ahead of the August 2014 governorship election in Osun State.” Omisore has since refuted the allegation and had equally filed a defamation suit against the EFCC.