The Economic and Financial Crimes Commission (EFCC) has arrested former deputy governor of Osun State, Senator Iyiola Omisore.
The arrest on Sunday was confirmed by the spokesman for the EFCC, Wilson Uwujaren. He said Omisore was arrested at his Abuja home by a team of EFCC operatives.
He was then taken into EFCC custody for questioning. The EFCC had declared him wanted last month in connection with a case of receiving and misappropriating the sum of over N700, 000,000.00 from the Office of the National Security Adviser, between June and November, 2014.
According to EFCC, Omisore had been elusive and refused to report to the Commission after invitation was extended to him on April 7, 2016 requesting him “to come and make clarification on the ongoing investigation”.
The commission said that the money was moved from the ONSA and paid into the accounts of firms linked to a former Defence Minister, Musiliu Obanikoro and his sons, before being transferred to the company linked to Omisore.
However, Omisore had petitioned the EFCC, demanding a payment of N500 million as damages for what he described as an offensive, malicious and false publication
Last week, the EFCC froze the five bank accounts traced to Omisore, Obanikoro and his two sons. The accounts frozen by the anti-graft agency included Sylvan McNamara (number 0026223714 with Diamond Bank); Sawanara Limited with First Bank; Fimex Gilt Limited with the United Bank for Africa; and Metropolitan Consortium with First Bank.
The firm owned by Obanikoro’s two sons- Gbolahan and Babajide reportedly received the N4.7 billion from the ONSA in 2014, out of which N1.3 billion was transferred to Omisore.
