After spending a night in the EFCC's custody, the two time Senator has allegedly implicated Gov Fayose in the N4.745billion wired to a company linked to him by the Office of the National Security Adviser (ONSA).

According to a report by the Nation Newspaper, Obanikoro reportedly said N2.23billion out of the N4.745billion was transferred to Gov Fayose.

The report further revealed that Obanikoro also narrated how over N1.3billion was received by the governor’s associate, Abiodun Agbele.

The ex-Minister also reportedly admitted that the N1.3billion was flown to Akure airport in two chartered flights for delivery to Agbele.

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The EFCC had accused Obanikoro of getting N4.745billion from the $2.1billion meant for arms from the Office of the National Security through Sylva Mcnamara Limited.