By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay News
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Font ResizerAa
Okay NewsOkay News
Search
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
News

Senator Omisore Returns N350m to EFCC

Farouk Mohammed
By
Farouk Mohammed
ByFarouk Mohammed
Publisher
Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
Follow:
Published: 2016/11/05
1 Min Read
Share
SHARE

Iyiola Omisore

A former Deputy Governor of Osun State has now paid back N350million of the N1.7billion public funds which the Economic and Financial Crimes Commission ( EFCC) traced to him.

Senator-Iyiola-Omisore-1-1-1-1-1-1-1-1-1-1

Omisore first paid N300million and another N50million to the EFCC yesterday.

A top-level source in the EFCC confirmed the development, saying: ”We hope he will pay up the balance as soon as possible.”

“We are determined to retrieve all slush funds for the nation’s use,” the source added.

About N4.685billon was transferred by the Office of National Security Adviser (ONSA) to Sylva McNamara Limited, a company linked to a former Minister of State for Defence, Mr. Musiliu Obanikoro.

Of the sum, about N3.880billion was allegedly given to Governor Ayodele Fayose and Senator Omisore through cash and bank transfers by Obanikoro.

Omisore’s share was said to be about N1.7billion.

TAGGED:EFCCOmisore
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and development. He has over a decade of experience in journalism and international media, with a strong focus on geopolitics, conflict reporting, human rights, and the global digital economy.
Previous Article I’m Pleased With Mikel – Conte
Next Article PHOTO: Hackers Take Over FUTA Official Website

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow

You Might Also Like

Finance

Oyedele Debunks Claims On Tax ID Requirements For Bank Accounts

By
Ogungbayi Feyisola Faesol
2 Min Read
GistNews

SGF George Akume Weds Queen Zaynab, Former Wife of Ooni of Ife

By
Adamu Abubakar Isa
1 Min Read
News

Niger Delta Group Demands Prosecution Of Interior Minister’s Accusers

By
Ogungbayi Feyisola Faesol
2 Min Read
Okay NewsOkay News
Follow US
2025 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook
Not a member? Sign Up