Obanikoro Allegedly Caught On Tape Loading Plane With N1.29b For Fayose

A Video has allegedly shown how a former Minister of Defence, Musiliu Obanikoro allegedly loaded a chartered aircraft with N1, 299, 490b for transfer to Governor Ayodele Fayose through an associate, Abiodun Agbele. The cash was transferred through HS125-800 5N-BMT belonging to Gyro Air Limited, reports suggested.

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.


Records indicated yesterday that for each of the trip, Obanikoro paid $12,500 making a total of $25,000.

The EFCC has retrieved the footage details of Obanikoro’s movement at the airport and the flight schedule of the aircraft.

According to fresh evidence obtained by the EFCC, the ex-Minister had defied security gate at the airport in Lagos 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.