Fayose in Dilemma as EFCC Reopens His N6.9 Billion Fraud Case
Former Ekiti state governor, Ayo Fayose has been thrown into a dilemma as the Economic and Financial Crimes Commission (EFCC) has reportedly reopened his alleged N6.9 billion fraud case.
The former Ekiti governor, Fayose, and his company ‘Spotless Investment Limited’ are under prosecution by the EFCC for allegedly laundering N6.9 billion.
Abubakar Madaki, the former EFCC operative, on Friday as the 13th Prosecution Witness informed the Federal High Court in Lagos that the former minister of state for defence, Musiliu Obanikoro, gave over N1, 219,000,000 in cash to the former governor.
The former minister earlier explained before the Court how the former Gov Ayodele Fayose allegedly collected the sum of N1.2 billion through the use of an aircraft.
Madaki in addition told Justice Chukwujekwu Aneke that the former Ekiti State governor bought property worth N270 million from one Rabiu Kundili in Abuja and also deposited the sum of N100 million from the money in a fixed account.
Rotimi Jacobs, SAN, the prosecution counsel, and the EFCC operative reported that a total sum of a million cash was deposited into the bank account of (Spotless Investment Limited), by one Biodun Agbele, an aide to the former Ekiti governor, Ayodele Fayose between the 17th and 27th of June 2014. The sum of N168 million was also deposited into Spotless Investment Limited’s bank account on the 24th of August 2016.
He also said that the claim by the former Ekiti governor, Fayose that the N1,219,000,000 was the campaign funds from his political party, the People’s Democratic Party, (PDP) which he collected from the former minister of state for defense, (Musiliu Obanikoro) was also investigated.
His exact words: “In our investigation, we contacted the People’s Democratic Party secretariat in Abuja. The party denied receiving any money from the National Security Adviser, or the office of the Secretary to the Government of the Federation. The party also said it did not give any campaign money to Senator Musiliu Obanikoro to give to the first defendant.”
“So the funds moved from Diamond Bank to Zenith Bank were the funds that came from the impress account which is under the control of the office of the National Security Adviser to President Goodluck, Jonathan, and Colonel Sambo Dasuki.
Abiodun Agbele, the associate of the former governor was unable to narrate the source of the huge sum of money deposited into the account of Spotless Investment Limited (2nd Defendant) after many opportunities given to him.