The former minister reportedly struck a deal with the EFCC to testify against the Ekiti state Governor, Ayo Fayose.
The former minister had earlier refunded N104m to the anti-graft agency before he was released on bail, bringing the total sum refunded to N134m.
According to Punch, Obanikoro also pleaded with the EFCC to allow him return N450m in 2017.
“Obanikoro came on Monday and presented a draft of about N30m. Initially we did not want to collect it because it is small compared to what he is supposed to have given us. However, the legal department advised us to collect it,” an EFCC source said.
Adding that “About N450m is remaining and Obanikoro has promised to pay the rest in 2017. He will also be reporting at our office every two weeks.”
The anti-graft agency had earlier accused the former minister of receiving N4.7b from the office of the National Security Adviser (NSA).
Reports say Obanikoro also told the EFCC that he gave $5.377m to the Ekiti state Governor, Ayo Fayose.
According to reports, the former minister struck a deal with the anti-graft agency to testify against the Ekiti state Governor.
Musiliu Obanikoro was released on bail by the EFCC on Friday, November 4, 2016.