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‘I have houses in US, UK… but I never received arms funds’ – Obanikoro’s son


Following the allegations of involvement in the arms funds fraud, Gbolahan Obanikoro, a son of a former Minister of State for Defence, Senator Musiliu Obanikoro, says he never received any money from the office of the former National Security Adviser, Sambo Dasuki.

Gbolahan and his brother, Babajide, are being investigated by the Economic and Financial Crimes Commission over allegations that Sylvan McNamara Limited, a company which they once headed, received N4.75bn from the Central Bank of Nigeria Imprest Account of the National Security Adviser between June 6, 2014 and December, 12, 2015.

While speaking with Punch Newspapers, he however, denied being a director in the company, stating that his association with the company ended in 2013.

While denying the allegations of being a beneficiary of the said funds, Gbolahan Obanikoro revealed that he has houses in the United Kingdom, the United States and Nigeria without receiving public funds.

“I bought a house in the United Kingdom in 2008. I built my house in Nigeria in 2010 and I opted to buy a house in the United States in 2014 during which period my wife had our third child. My focus for almost a decade has always been on business and the private sector and not politics.”

“I have been working hard and I have been fortunate to run a successful business. So it is definitely not out of place for me, and it is most certainly not a crime to buy a house. I’m truly grateful to Almighty Allah for all he has bestowed on me and my family.”

“I am not and was never a director of this company and neither am I a signatory to its account or any other account related to the entity. My involvement with this company ended as far back as 2013 before all these things happened and before my father was even appointed as a minister.”

“So, any dealings that transpired after that did not involve me. The bank is available to confirm who the signatories to the account are, and the Corporate Affairs Commission is also available to confirm who the directors of the company are. I am positive the authorities, if they are investigating this matter, will discover this.”

“I have no problems with it at all. I believe it’s every Nigerian’s desire for corruption to be eradicated or at least significantly reduced. Steps have been taken in the past, steps will be taken now, and further steps will be taken even after President Buhari’s administration,” Obanikoro added.

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