An account linked to Shalewa Obanikoro, the daughter of a former Minister of State for Defence, Senator Musiliu Obanikoro, has been frozen by the Economic and Financial Crimes Commission. According to EFCC investigators, about N1.2billion passed through the account which belongs to an oil firm. Shalewa, who is a signatory to the account is said to have personally mandated Fidelity Bank to transfer N800m from the account to another account within the bank.A source in the anti-graft agency on Tuesday told PUNCH that, “We have frozen an account in which Obanikoro’s daughter is a signatory. She specifically mandated the bank to transfer N800m from the account to another account.
“We discovered that money was paid into the account at various times. The money came in N50m, N20m, N30m and various sums. She said the money was for oil and gas transactions. So, we have frozen the account as investigations continue. We want to know where the funds came from. At least N1.2bn has passed through the account.” The source further said, “Obanikoro’s case is very easy to investigate because unlike other politicians, he used his children to carry out most of his alleged crimes. Out of his four children, we have seen suspicious transactions in the accounts of three of them. There is no way these young guys will have billions in their accounts if they were not fronting for their father.”
The EFCC was said to have made the discovery of Shalewa’s transactions when investigating the N4.7billion allegedly paid into the account of Obanikoro’s two sons – Babajide and Gbolahan. The money, which was paid into the Diamond Bank of Sylvan McNamara, was allegedly shared among Obanikoro, the Ekiti State Governor, Ayodele Fayose; and the then governorship candidate of the Peoples Democratic Party in Osun State, Senator Iyiola Omisore.