A former Minister of State for Defence, Senator Musiliu Obanikoro, on Wednesday, narrated to a Federal High Court in Abuja how one-point-two-one-nine billion naira cash was airlifted to support the election of a former governor of Ekiti State, Ayodele Fayose.
According to him, the inability of a defunct bank, Diamond Bank, to handle huge amount of money prompted the airlifting of the money.
Punch gathered that Fayose and Spotless Investment Limited are standing trial on 11 charges bordering on money laundering and stealing to the tune of six-point-nine billion naira.
Led in evidence by the counsel for the Economic and Financial Crimes Commission, Wahab Shittu (SAN), Obanikoro explained that the money came from the former National Security Adviser, Col Sambo Dasuki (retd.), adding that only he could explain its source.
He also denied taking out the money as speculated in a report by an online media platform.
After listening to Obanikoro’s testimony, the presiding judge, Justice Nnamdi Dimgba adjourned the case till February 27, 2024.
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