Sunday 17 July 2016

EFCC Seizes Fayose’s Multimillion-Naira Houses In Lagos, Abuja

The Economic and Financial Crimes Commission has seized some properties said to belong to Governor Ayodele Fayose of Ekiti State.It was learnt that the properties located in the highbrow areas of Lagos and Abuja were seized as part of investigations into the N1.219bn the governor allegedly
received from the Office of the National Security Adviser when Col. Sambo Dasuki (retd) held sway, through a former Minister of State for Defence, Musiliu Obanikoro, as well as some kickbacks he
(Fayose) allegedly received from the Ekiti State Government contractors.The anti-graft agency has also quizzed a former Secretary to the Government of the Federation, Chief Olu Falae, on his alleged role in the $15bn arms scam.Falae was grilled by investigators at the commission’s office on Thursday.Investigators told one of our correspondents that the seized houses belonging to Fayose were allegedly purchased with stolen funds and the EFCC invoked the Assets Forfeiture clause to seize the properties in line with Sections 28 and 34 of the EFCC (Establishment Act) 2004 and Section 13(1) of the Federal High Court Act, 2004.The seizure came less than a month after the governor’s three Zenith Bank accounts were frozen by the anti-graft agency.
Punch

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