The said cash was wired into the company, Sylva Mcnamara within seven months in 2014.
He said N2.23billion was transferred to Fayose out of the slush funds.
He said out of the sum, he handed over $5,377,000 to Fayose in cash and N1.3billion was received by the governor’s associate, Mr. Abiodun Agbele.
He admitted that the N1.3billion was flown to Akure airport in two chartered flights for delivery to Agbele.
The money was sourced from $2.1billion meant for arms from the Office of the National Security (ONSA).
Obanikoro, who opened up to EFCC detectives however said he is not the owner of Sylva Mcnamara that was used to transfer the funds to Fayose.
