Fayose, Obanikoro, Omisore lose N2.273b assets (Nation)

The Economic and Financial Crimes Commission (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).

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 the Peoples Democratic Party (PDP).

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. Read more

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