EFCC Seizes Governor Fayose’s Properties Worth N1.3b

The anti-graft agency said Fayose acquired the properties through two proxies, Abiodun Agbele, and his sister, Moji Ladeji.

Governor Ayo Fayose of Ekiti state

The Economic and Financial Crimes Commission (EFCC) has alleged that Governor Ayo Fayose of Ekiti state bought six choice properties worth N1.3b in Lagos and Abuja.

According to Punch, the EFCC has seized four duplexes reportedly belonging to the Governor at Plot 100 Tiamiyu Savage Street, Victoria Island, Lagos state worth N364m.

The anti-graft agency also took over two properties on 32 Yedseram Street and 44 Osun River Crescent, Maitama, Abuja.

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The anti-graft agency said Fayose acquired the properties through two proxies, Abiodun Agbele, and his sister, Moji Ladeji.

The EFCC arrested Agbele for allegedly collecting funds from former Minister, Musiliu Obanikoro, which he gave to Fayose.

Daily Post reports that the anti-graft agency also revealed that the Ekiti Governor acquired the properties in just 180 days as Governor of Ekiti.

A source who reportedly spoke to The Nation said “We have discovered that he paid for the houses through his associate’s company, De-Privateer Limited of Agbele.

“De-Privateer remitted slush funds into three accounts including FCMB (0519693019), First Bank of Nigeria (1000070240) and Zenith Bank (1014016919).

“The payments were made as follows: First Bank—N40m (29/1/15); N39.5m (30/1/15); N132.5 (30/1/ 15); N3.2m (4/2/15); N980, 000(4/2/15); N200m (17/2/15); N47m (13/2/15); N50m (13/2/15).

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“The lodgements in an account in Zenith Bank (1014016919) included N42.5m (9/4/15); N25m (23/4/15); and N229m (6/3/15).

“About N200 million was paid into FCMB account 0519693019 on March 9, 2015.”

Governor Ayo Fayose has however said he is not moved by EFCC's attempts to discredit him.

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