Saturday 23 July 2016

Former Deputy Governor to return 1.3billion

EFCC arrested Mr. Omisore in Abuja on July 3 for allegedly collecting the huge funds from Sambo Dasuki, former National Security Adviser.
On Friday night Iyiola Omisore was  released by the Economic and Financial Crimes Commission after he agreed to refund the over N1.3billion he allegedly received from the office of the National Security Adviser.

As gathered he has paid the first installment of N300million before he was allowed to go home.
Those familiar with the negotiation said before his release on Friday, Mr. Omisore issued a letter authorising his bank to release 170 million to EFCC.
He also gave the commission a draft of N130 million, bringing the first installment of the repayment plan to N300 million.
Mr. Omisore, a former deputy governor of Osun State and PDP flag-bearer in the 2014 Osun governorship election, will  be returning on Monday for further negotiations regarding how he would stagger the refund of the remaining one billion.

Initially Mr. Omisore had denied benefiting from Dasukigate and had sued EFCC, seeking N10 billion damages, after he was declared wanted in May.
However, Mr. Omisore, while in detention, admitted to collecting the sum from Mr. Dasuki.

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