Home News Musiliu Obanikoro recovers seized properties worth over N500m from EFCC

Musiliu Obanikoro recovers seized properties worth over N500m from EFCC

Musiliu Obanikoro

and is family have reportedly recovered properties worth N500 million that were seized by the EFCC.

is standing trial alongside former state governor, . He is alleged to have received N4.7bn from the Office of the National Security Adviser under the leadership of Col. Sambo Dasuki (retd.) in 2014.


Punch reports that about N2.2bn out of the funds was allegedly handed over to who was then a PDP governorship candidate. The money was allegedly released to rig the state governorship election. It is also alleged that N1.3bn from the money was given to the then Osun State governorship candidate, Senator Iyiola Omisore.

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The properties been released back to the senator include four terrace houses located at 44 Mamman Kotangora Crescent in the highbrow Katamkpe Extension area of Abuja; a parcel of land in Guzape District and a duplex at Olori Mojisola Onikoyi Avenue, Ikoyi, Lagos.

, who defected to APC in November 2017, is now a prosecuting witness and is expected to testify against Fayose in the ongoing trial.

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The EFCC acting spokesperson, Tony Orilade, says he is not aware of the houses that have been allegedly recovered but however promised to give an update soon.

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