May 14, 2026

Senator Omisore Returns N350m to EFCC

By Farouk Mohammed

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.

Google News

Stay connected via Google.

Add Okay News as a preferred source for faster follow-through coverage.

Preferred sourceAdd on Google
Advertisement

About the author

Advertisement
Stay with Okay News

Follow the report beyond this story

Follow Okay News across the channels and tools you use most.

ChannelFollow on WhatsAppDirect story alerts, sharper updates, and easier sharing with your circle.Preferred sourceAdd on GoogleFollow Okay News updates across Google surfaces.Visual briefingsFollow on InstagramVisual updates, clips, and newsroom highlights.Reader appGet the appRead Okay News on your mobile device.