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Governor Ayodele Fayose

EFCC On Fayose Over Properties Worth N1.35bn

The Economic Financial Crimes Commission, EFCC has seized 6 allegedly acquired choice properties with acquired with stolen public funds by Ekiti State Governor, Governor Ayodele Fayose.

Duplexes estimated at N1.350 billion, include two in abuja and four in Lagos. They were purchased for him by his sister, Moji Ladeji and his associate, Abiodun Agbele.

While the duplex on Osun Crescent was bought for N200 million from Skye Bank Plc, one located in the Yedseram street in Abuja was purchased for N270 million from a businessman, Rabi Kundili.

The properties in Lagos were however, paid for by Abiodun Agbele,the detained associate of governor Fayose, who is presently under investigation.

EFCC said, “the duplexes were acquired within 180 days in office by the governor.

We discovered that he paid for the houses through his associate’s (Agbele) company, De-Privateer Limited, a source told The Nation.

EFCC said it seized the properties by invoking sections 28 and 34 of the EFCC Establishment Act of 2004 and section 13 (1) of Federal High Court, 2004, which authorizes EFCC to invoke Interim assets Forfeiture clause

Since the houses are under investigation, we have decided to invoke the assets forfeiture clause in our Act.

The Anti-graft agency has obtained an order from the court to keep Agbele in custody because the ongoing investigation has not been finalized.

So, the associate of the governor is still in detention because we have invited more people related to money laundering for the governor.

Although Fayose sister, Moji Ladeji, filed an affidavit in court, claiming that she was the true owner of the property in Osun Crescent, Maitama, Abuja.

The EFCC source said: “We will meet her in court with all the evidence at our disposal.

The EFCC had obtained an order from Justice M.B. Idris of the Federal High Court, Lagos to freeze the accounts of Governor Fayose.

Fayose is, however, challenging same in court.


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