After Appeal Court froze his accounts, EFCC recovers 6 houses worth N1.7bn linked to Fayose

After Appeal Court froze his accounts, EFCC recovers 6 houses worth N1.7bn linked to Fayose

- EFCC has reportedly recovered six houses worth N1.7billion linked to Governor Ayodele Fayose of Ekiti state

- The properties were alleged to have been bought from proceeds of N4.685 billion public funds allegedly given to both Fayose and Senator Iyiola Omisore by ex-NSA Sambo Dasuki in 2014

- An Appeal Court had on Thursday, April 19, frozen Fayose's two accounts with Zenith Bank

The Economic and Financial Crimes Commission (EFCC) has recovered four houses in Lagos and two in Abuja allegedly owned by Governor Ayodele Fayose of Ekiti state.

Leadership reports that the Lagos houses, worth N1billion, and the two Abuja houses, worth N700 million, were alleged to have been bought from proceeds of N4.685 billion public funds allegedly given to both Governor Fayose and Senator Iyiola Omisore by the former national security adviser, Col Sambo Dasuki (retd.), to prosecute their governorship bids in 2014.

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NAIJ.com gathered that the EFCC had since launched investigations into how the funds were spent by the trio of Fayose, Omisore and the former minister of state for defence, Musliu Obanikoro.

According to Leadership, an EFCC source said that while Fayose got N1.3 billion and $500 million to aggressively prosecute his governorship bid in Ekiti state against the then incumbent, Kayode Fayemi, Omisore got N2.3 billion for his failed bid to govern Osun state. The funds were reportedly conveyed to Fayose and Omisore by Obanikoro.

Quoting an EFCC source, Leadership said that Obanikoro, who acted as conveyor of the slush funds from the office of former national security adviser, Col Sambo Dasuki, got N700m.

It also added that Fayose allegedly gave $1million to his associate, Abiodun Agbele, who converted it to its Naira equivalent, and used same to purchase the Lagos houses, while the governor’s sister, Olayemi Fayose, allegedly facilitated the purchase of the two Abuja houses.

The medium also noted that source, who gave a detailed update on the progress of the investigation, said the recovery of these houses linked to Governor Fayose was part of the outcome of the investigation. He, however, noted that “Omisore has refunded N350 million while N123 million has been recovered from Obanikoro.

“Don’t forget that Fayose’s associate has been charged to court. The case against Omisore has been filed while the commission is still considering the prosecution of Obanikoro."

According to Leadership, when contacted, the EFCC spokesman, Wilson Uwujaren, declined to comment on the recovery of houses linked to Fayose, but he admitted that “the commission is handling a matter of diversion of funds where his name was mentioned.”

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Meanwhile, NAIJ.com had previously reported that the Court of Appeal sitting in Ado Ekiti allowed the appeal filed by the Economic and Financial Crimes Commission against the judgment of Justice Taiwo. O Taiwo of Federal High Court, Ado Ekiti division.

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Source: Naija.ng

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