Investigations and recent findings have shown that former Minister of state for defence, Musiliu Obanikoro allegedly transferred N1, 299, 490 billion to Ekiti state Governor, Ayodele Fayose, through an associate Abiodun Agbele.
According to The Nation, the money was loaded into a chartered aircraft, HS125-800 5N-BMT, belonging to Gyro Air Limited.
The first flight was filled with N724.5million cash to the extent that there was no seat for any crew member or the ex-Minister. It was during the second flight with N494.990m that Obanikoro, his Aide-de-Camp, Lieutenant Colonel A.O Adewale, and crew member joined the trip to Akure Airport.
For each of the flight, Obanikoro was said to have paid a whooping $12,500 making a total of $25,000.
The report further revealed that the Economic and Financial Crime Commission (EFCC) has obtained footage of Obanikoro at the Akure airport and details of the aircraft used for the transferred.
The ex-Minister was said to have defied security at the Lagos airport to move a bullion van to the apron of the chartered wing to off-load the cash. Although the security men at the airport resisted the use of the security gate, the ex-Minister ordered soldiers to break all barriers for the bullion van to get to the apron.