Senator Iyiola Omisore has finally opened up to the Economic and Financial Crimes Commission (EFCC) about his role in the arms deal procurement scandal.
He stated that that he received N1.3 billion from Sambo Dasuki, the former national security adviser.
Premium Times reports that the PDP chieftain promised to refund the whole N1.3 billion which he collected and struck a deal with the anti-graft agency.
On Friday, July 22, the former deputy governor of Osun state was granted administrative bail after he agreed to refund the money in instalment.
He first issued a letter authorising his bank to release N170million to the EFCC, being the entire amount in his frozen account.
He further issued a draft of N130 million to the EFCC bringing the total to N300 million which is his first installment payment.
He is expected to return to the office of the EFCC on Monday for further negotiations regarding how he would refund the sum.
Omisore who was apprehended by operatives of the EFCC on July 3 and has been in detention where he previously denied that he collected money from Dasuki.
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