The Economic and Financial Crimes Commission has frozen an account linked to Shalewa Obanikoro, the daughter of a former Minister of State for Defence, Senator Musiliu Obanikoro.
According to EFCC investigators, about N1.2bn passed through the account which belongs to an oil firm.
Shalewa, who is a signatory to the account, was said to have personally mandated Fidelity Bank to transfer N800m from the account to another account within the bank.
A source in the anti-graft agency on Tuesday said, “We have frozen an account in which Obanikoro’s daughter is a signatory. She specifically mandated the bank to transfer N800m from the account to another account.
“We discovered that money was paid into the account at various times. The money came in N50m, N20m, N30m and various sums.
“She said the money was for oil and gas transactions. So, we have frozen the account as investigations continue. We want to know where the funds came from. At least N1.2bn has passed through the account.”
The EFCC was said to have made the discovery of Shalewa’s transactions when it was investigating the N4.7bn allegedly paid into the account of Obanikoro’s two sons – Babajide and Gbolahan.