The Economic and Financial Crimes Commission (EFCC) has uncovered another $5million (N1.040billion) cash allegedly given to Ekiti State Governor Ayodele Fayose by former Minister of State for Defence Senator Musiliu Obanikoro, it was learnt yesterday.
The cash is part of the N4.7billion slush funds traced to Obanikoro’s company, Sylva McNamara.
Out of the $5 million, EFCC’s investigation has shown how Fayose allegedly gave his associate , Abiodun Agbele, over $1million as part-payment for the acquisition of four chalets in Lagos.
The bubble burst 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.
Also, the EFCC has grilled Ekiti State Commissioner for Justice and Attorney-General Kolapo Kolade, who admitted that he facilitated the agreements for the four properties.
