Sunday, July 17, 2016

EFCC Seizes N1.350bn Properties From Ayo Fayose. (Photo)

Ayo Fayose property seized

The Economic and Financial Crimes Commission (EFCC) has seized six choice properties allegedly acquired by Governor Ayodele Fayose of Ekiti State with stolen public funds.

The duplexes, estimated at N1.350billion include four in Lagos and two in Abuja, The Nation reports.

They were allegedly acquired for him by his associate, Abiodun Agbele and sister. Mrs. Moji Ladeji. A furious Mrs. Ladeji has approached the Federal High Court, Ado-Ekiti laying claim to one of the Abuja duplexes.

EFCC, according to impeccable sources, believe that the properties were bought with public funds including the N1.219billion slush fund from the Office of the National Security Adviser (ONSA) handed over to Fayose by former Minister of Defence, Mr. Musiliu Obanikoro, and bribe money from contractors.

Part of the funds came from the N4.745billion which was paid into Obanikoro’s company, Sylva Mcnamara by ONSA for the 2014 Ekiti governorship poll.

Operatives of the anti-graft commission have located and marked the duplexes as follows: 44, Osun Crescent and 32, Yedseram Street in Maitama, Abuja; and houses 3, 4, 6, and 9 in Plot 100, Tiamiyu Savage Street, Victoria Island, Lagos.

EFCC sources said the funds were wired to pay for the duplexes.

While the duplex on Osun Crescent was allegedly bought for N200million from Skye Bank Plc, the one located in Yedseram Street in Abuja was purchased for N270million from a businessman, Rabi Kundili.

All the houses in Lagos were paid for by Abiodun Agbele, the detained associate of the governor who is currently under investigation.

Agbele allegedly paid over N880 million for the Lagos properties. Sources said the duplexes were

“acquired within 180 days in office by Fayose.”
“We have discovered that he paid for the houses through his associate’s company, De-Privateer Limited of Agbele.

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