Former minister obanikoro returns n30m to efcc to pay n417m
A significant development in the ongoing anti-corruption efforts in Nigeria!
According to reports, former Minister of State for Defence, Musiliu Obanikoro, has returned N30 million to the Economic and Financial Crimes Commission (EFCC) as part of his efforts to pay back the N417 million he allegedly stole.
For those who may not be aware, Obanikoro was a key figure in the administration of former President Goodluck Jonathan and was accused of embezzling funds meant for the procurement of arms for the military during the 2015 general elections.
The EFCC had earlier frozen his accounts and seized his assets, including a property in Lagos, as part of its investigation into the alleged fraud.
By returning N30 million, Obanikoro is taking a significant step towards settling his debt and demonstrating his willingness to cooperate with the anti-corruption authorities.
This development is a welcome one, as it shows that even high-ranking officials are not above the law and that the EFCC is committed to holding them accountable for their actions.
It's also a reminder that corruption is a serious offense that can have far-reaching consequences, and that those who engage in it must be prepared to face the consequences.
Let's hope that this is just the beginning of a larger effort to recover stolen funds and bring corrupt officials to justice.