A former Minister of State for Defence, Musiliu Obanikoro who submitted himself yesterday to the Economic and Financial Crimes Commission (EFCC) is still in custody, Daily Trust gathered on Tuesday.
Obanikoro had returned from his base in the United State of America (USA) to explain allegations of financial crimes to the sum of N4.75 billion traced to him.
Daily Trust gathered that Obanikoro is still being held in EFCC’s custody in Abuja over 24 hours after he submitted himself to EFCC investigators.
Obanikoro landed in Lagos from the United States of America and went to Abuja to keep an appointment with EFCC operatives.
It was learnt that the EFCC is investigating a company allegedly owned by Obanikoro’s sons, for receiving N4.75 billion arms funds from the office of the former National Security Adviser between April 4, 2014, and December 15, 2014.
According to EFCC sources, his sons Babajide and Gbolahan received a total of N4.745 billion paid into the Diamond Bank account of their firm.
Obanikoro it was gathered came into Abuja from Lagos by 7:45 am and headed to the EFCC Head Office in Abuja for his appointment with the anti-graft agency.
Daily Trust learnt that Obanikoro is still under intense interrogations to explain his connection to the company which was incorporated in November 2011, and allegedly owned by his two sons.