Metro N4.7bn Fraud: EFCC Releases Omisore

kemi

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The Economic and Financial Crimes Commission on Friday released a former Deputy Governor of Osun State, Senator Iyiola Omisore, after 19 days in detention.

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It was learnt that Omisore was released on bail by the commission after meeting his bail conditions.

The former deputy governor, who was declared wanted by the EFCC in May, was arrested on July 3, 2016 after N1.310bn was traced to the accounts of five companies allegedly belonging to him.

The money was said to be part of the N4.7bn allegedly disbursed by a former Minister of State for Defence, Senator Musiliu Obanikoro and his two sons, Gbolahan and Babajide.

Punch learnt that the anti-graft agency will soon charge Omisore alongside Mr. Abiodun Agbele, an aide to Governor Ayodele Fayose of Ekiti State.

Agbele is alleged to have received N1.219bn from Obanikoro on behalf of Fayose during the build-up to the June 21, 2014 governorship election in Ekiti State.

A source at the EFCC said, “We have already started putting the charges together because we have virtually completed investigations and we are lining up witnesses against them. They will be charged for fraud very soon.”
 
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