After about three months of hide and seek,
the Economic and Financial Crimes
Commission (EFCC) yesterday arrested a
former Deputy Governor of Osun State,
Otunba Iyiola Omisore.
He was arrested in Abuja for the
N4.745billion allegedly allocated to him
and others by the Office of the National
Security Adviser(ONSA).
Of the slush funds, about N1.310billion was
allegedly traced to Omisore and three
companies.
His suspected accomplices include
Governor Ayodele Fayose and former
Minister of (State) Defence Musiliu
Obanikoro, who is in the United States.
The arrest of Omisore was with a tinge of
drama. He reportedly locked himself up in
the master’s bedroom to evade arrest by
EFCC operatives, sources said.
EFCC operatives climbed a balcony to enter
the room where a “jittery” Omisore was
arrested. Found in his room, said the
source, are $21,000 and about N1million
cash.
Sensitive documents relating to transfer of
funds to slush companies by ONSA, the
National Assembly and some companies
were also recovered from Omisore, The
Nation learnt.
Omisore reportedly told the EFCC team: “I
will not follow you; only my corpse will
follow you.”
He reportedly surrendered when the siege to
his house was daunting.
According to a top source in EFCC, the
arrest of Omisore followed a successful trail
of his movement to Abuja.
The source said: “We had intelligence report
that Omisore was at his 1, Kainji Crescent
in Maitama, Abuja. We set out at 6am to
invite him but when we got there; we were
told he was not in town.
“We went into the compound and gained
access to the house. We started searching
the rooms one by one. At a point, we
discovered that the master’s bedroom was
locked. We asked them to open it but they
said, they had no key to it. Having been
aware of our presence, Omisore had firmly
locked up himself to evade arrest.
“We surrounded the place with armed
policemen and entered the master bedroom
through the balcony. When we met him, we
showed him a court warrant of arrest and a
search warrant fully endorsed by a
competent court.
“We searched his room afterwards and we
discovered documents linking him to those
companies used for laundering of money
from ONSA , National Assembly and some
firms which they forced to part with cash to
fund political campaign.
“Some of the documents on landed
properties which he bought with these slush
funds.
“When we finished the search, we showed
him the warrant of arrest but he retired into
a mild drama that he would not go to the
EFCC office.
“Omisore, who knew the game was up said:
‘I will not follow you, only my corpse will
follow you.’ The suspense continued until
his lawyer, a Senior Advocate of Nigeria,
asked him to go to EFCC headquarters.
“After then, we took him to the office and
obtained a statement from him. During
interrogation, he admitted that he is a
director of some of the companies linked to
him . ONSA, National Assembly and some
firms that paid huge funds into the
accounts of these companies .”
According to the source, Omisore told
detectives that the companies paid the
funds under investigation to him but they
were the money he loaned them.
“We have served him bail conditions, it is
left to him to meet these terms to regain
freedom. So far, we have detained him,” the
source said.
About N1.310billion was traced to Omisore
and three companies out of the
N4,745billion.
According to a report by the EFCC, the
funds were remitted as follows: Fimex Gilt
Limited(N160m)-8/8/2014in UBA;
Metropolitan Consortium (N350m)—9/7/14
in First Bank; Sawanara (N300m)—1/8/14
in First Bank and Metropolitan Consortium
(N350m)-1/8/14 in First Bank.
A top EFCC source, who spoke in
confidence, said: “Preliminary findings have
shown that N1.310billion out of the
N4.745billion from ONSA was remitted to
the three firms and the accounts of these
three companies belong to Omisore. This is
one of the reasons we have invited the
former Deputy Governor but he is yet to
show up.”
The anti-graft agency through a letter, of
April 7, 2016 invited Omisore for
interrogation.
The letter, signed by Abubakar Madaki on
behalf of the Acting Chairman of EFCC,
reads in part: “The commission is
investigating an alleged case in which your
name featured prominently.
“In view of the above, you are kindly
requested to attend an interview the
undersigned on Monday, 11th of April 2016
at No.30, Harper Crescent, Wuse Zone 7
at10am.
“Your cooperation in this regard is
solicited.”
Instead of honouring the invitation, Omisore
wrote a letter through one of his lawyers,
Wole Jimi-Bada and Co. that the interview
should be rescheduled to Thursday, April
14, 2016.
The counsel said in part: “Your letter dated
7th April 2016 and addressed to our client
and delivered to his gateman at our client’s
residence has been passed on to our
chambers.
“We regret to inform you that our client
travelled briefly out of Abuja but will return
by Wednesday evening. Consequently and
unfortunately, he will not be able to attend
the interview scheduled for Monday, 11th
April 2016 as requested in your letter under
reference
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