Breaking ex minister musiliu obanikoro returns extra loot to efcc

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Breaking: Ex-Minister Musiliu Obanikoro Returns Extra Loot to EFCC

Former Minister of State for Defence, Musiliu Obanikoro, has returned an additional N100 million to the Economic and Financial Crimes Commission (EFCC) as part of his efforts to recover looted funds.

This is coming after Obanikoro had earlier returned N100 million to the EFCC in 2016, which was part of the N4.7 billion allegedly stolen from the Office of the National Security Adviser (ONSA) during the administration of former President Goodluck Jonathan.

According to reports, Obanikoro, who is currently in the United States, made the additional return through his lawyer, Mr. Wale Akoni.

The EFCC had earlier invited Obanikoro to return the looted funds, and he had initially returned N100 million. However, it appears that he has now returned an additional N100 million, bringing the total amount returned to N200 million.

This development is seen as a major breakthrough in the fight against corruption in Nigeria, and it is expected to send a strong signal to other looters that the government is serious about recovering stolen funds.

Obanikoro's return of the looted funds is also seen as a demonstration of his commitment to transparency and accountability, and it is expected to help to restore public trust in the government.

It is worth noting that Obanikoro has consistently denied any wrongdoing in the matter, and he has claimed that he was only a conduit for the funds. However, the EFCC has maintained that he was a key player in the looting of the ONSA funds.

Regardless of the controversy surrounding the matter, Obanikoro's return of the looted funds is a welcome development, and it is expected to help to strengthen the fight against corruption in Nigeria.