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EFCC grants Musiliu Obanikoro conditional bail

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A former Minister of State for Defence, Senator Musiliu Obanikoro, has regained his freedom from the custody of the  Economic and Financial Crimes Commission(EFCC). Obanikoro had met all his bail conditions on Thursday night. Recall Obanikoro, who was arrested on October 17, was accused of receiving N4.7billion through the Office of the National Security Adviser in 2014. He was said to have pocketed N785m while the balance was reportedly given to Governor Ayodele Fayose of Ekiti State and Senator Iyiola Omisore who was the governorship candidate of the Peoples Democratic Party in Osun State in 2014.Going by reports, Obanikoro was said to have returned N100million and pledged to return N480million while his American and Nigerian passports were submitted to the EFCC.

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