[Adesewa]

The Economic and Financial Crimes Commission (EFCC) has uncovered another $5million (N1.040billion) cash allegedly handed to Ekiti State Governor Ayodele Fayose by former Minister of State for Defence, Senator Musiliu Obanikoro.
The said cash was part of the N4.7billion funds traced to Obanikoro’s company, Sylva McNamara.
Out of the $5 million, EFCC’s investigation by the EFCC has shown how Fayose allegedly gave his associate, Abiodun Agbele, over $1million as part-payment for the acquisition of four chalets in Lagos.
Problem started when Agbele took the $1million to a Bureau De Change (BDC) operator, Ahmed Uba, who transferred the cash to Still Earth as part-payment for the properties.
Ekiti State Commissioner for Justice and Attorney-General Kolapo Kolade, during interrogations, admitted that he facilitated the agreements for the four properties.
The Nation quoted a top source in the commission as saying that Fayose allegedly received N1.219billion from Obanikoro.
The source added that the Ekiti governor also got another $5m cash (N1.040billion) from the ex-minister.