The Economic and Financial Crimes Commission(EFCC) yesterday secured a warrant from a court to detain a former Deputy Governor of Osun State, Otunba Iyiola Omisore in connection with the ongoing investigation of N1.310billion illegally allocated to him and three companies by the Office of the National Security Adviser(ONSA). The cash was part of the N4.745 billion slush funds allegedly disbursed by ONSA.
The N1.310billion was remitted as follows: Fimex Gilt Limited (N160m) – 8/8/2014 in UBA; Metropolitan Consortium (N350m) — 9/7/14 in First Bank; Sawanara (N300m) — 1/8/14 in First Bank and Metropolitan Consortium(N350m)-1/8/14 in First Bank.
His other accomplices include Governor Ayodele Fayose and ex-Minister of Defence, Mr. Musiliu Obanikoro, who has gone on self-exile in the United States. According to a source in EFCC, the depth of the ongoing probe demanded that Omisore should be in custody for a while.
