Sat. Sep 19th, 2020

Reference Daily News

Nigeria best news source

11 Allegations Charged Against Fayose, Former Ekiti State Governor.

2 min read
340 Views

Ayo Fayose, the immediate past governor of Ekiti State, had his first arraignment in October 22nd 2018 on an 11-counts charge of accepting and looting 1.2 billion Naira and 5 million dollars stolen funds from the National Security Adviser (ONSA) office against the money laundering act.

Advertisements

The allegation, according to the Economic and Financial Crimes Commission are:

  1. Fayose and an aide Abiodun Agbele took possession of N1.219billion from the Office of National Security Adviser (ONSA) to fund his governorship campaign knowing fund proceeds of “stealing.”
  2. Received $5million from ONSA without going through financial institution contrary to the Money Laundering Act.
  3. Placed N300million “proceeds of stealing” in his fixed deposit account.
  4. Deposited N317million in the account of Spotless Investment Limited, a company he and his family own.
  5. Lodged N305,760,000 in his account when he ought to know it formed part of proceeds of an unlawful act.
  6. Procured De-Privateer Limited and Agbele to retain N719,490,000.00 in their accounts.
  7. Acquired a property on Plot 1504, Yedsema Street, Maitama, Abuja from Rabi Kundili with illicit N270million.
  8. Used N1,151,711,573 to acquire chalets 3 and 4, 6 and 9 on Plot 100 Tiamiyu Savage Street, Victoria Island, Lagos in the name of JJ Technical Service.
  9. Used N200million to acquire a property on 44, Osun Crescent, Maitama, Abuja in the name of his elder sister, Moji Oladeji.
  10. Used N270million to purchase a property on Plot 1504 Yedseram Street, Maitama, Abuja in the name of Spotless Investment.
  11. Procured Still Earth Limited to retain N132.5million in its account for his benefit.

Read Also:

Ayo Fayose however, stood his ground and said he is not guilty of all the counts.

Leave a comment

Copy Protected by Chetan's WP-Copyprotect.