Former minister obanikoro returns n30m to efcc to pay n417m #comments

It appears that a significant development has occurred in the case of a former Nigerian Minister, Musiliu Obanikoro, who has returned N30 million to the Economic and Financial Crimes Commission (EFCC) as part of his efforts to pay back a debt of N417 million.

For those who may not be familiar with the context, Obanikoro was a former Minister of State for Defence under the administration of President Goodluck Jonathan. He was accused of embezzling funds meant for the procurement of arms for the military during the 2015 general elections.

The EFCC had earlier seized some assets belonging to Obanikoro, including a property in Lagos, as part of its efforts to recover the stolen funds. The commission had also frozen his bank accounts, which contained the N417 million that he was ordered to pay back.

In a recent development, Obanikoro has returned N30 million to the EFCC, which is a significant step towards settling his debt. This move is seen as a positive development, as it shows that Obanikoro is willing to cooperate with the authorities and make amends for his alleged wrongdoing.

It is worth noting that the EFCC has not yet confirmed the authenticity of the returned funds, and the investigation into Obanikoro's case is still ongoing. However, the return of N30 million is a significant development that could potentially lead to a reduction in the amount of time Obanikoro spends in custody.

What are your thoughts on this development? Do you think Obanikoro's decision to return N30 million is a sign of genuine remorse, or is it a tactical move to avoid further punishment?