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DRAMA: Zenith Bank Denies Funding Fayose’s 2014 Election [DETAILS]

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Zenith Bank Plc has reportedly denied funding Ekiti State Governor, Ayo Fayose’s gubernatorial campaign im 2014.

Governor Ayodele Fayose released a statement earlier today opening up on how his election was allegedly funded by the Zenith Bank Plc, close friends and associates.

Fayose denied having any financial transaction whatsoever with the Office of the National Security Adviser (ONSA) under Col Sambo Dasuki (rtd) and former Minister of State for Defence, Senator Musiliu Obanikoro.

According to Sahara Reporters, Zenith Bank claims Fayose wanted them to conceal how NSA funds was laundered but they can’t. All documents required to nail him have been handed over to the Econonic and Financial Crimes Commission (EFCC) and he was upset about it.

Zenith Bank confirmed that Fayose deposited huge sums of monies in suspicious transactions in 2014 and ran to them 2 weeks ago to perfect papers. They are now challenging him Fayose to publish his bank statements for all his 3 accounts at the bank for the public to see them.

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  1. Avatar

    okwy

    June 22, 2016 at 8:30 pm

    One chance governor. He is finished.

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BIG STORY

BREAKING: Kaduna Assembly Speaker Resigns

Gbemileke Ajayi

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Speaker of Kaduna Assembly, Hon. Aminu Abdullahi Shagali, has resigned from his position.

Sources from the Assembly said Shagali tendered his resignation before the commencement of Plenary session on Tuesday morning

Details shortly…

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JUST IN: Court Finds Olisa Metuh, Firm Guilty Of First Count In N400m Fraud Trial

Peter Okunoren

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The Federal High Court in Abuja, on Tuesday, convicted a former National Publicity Secretary of the Peoples Democratic Party, Olisah Metuh, and his firm, Destra Investments Limited, of the first of the seven counts instituted against them by the Economic and Financial Crimes Commission.

Ruling on the first count in his judgement, Justice Okon Abang ruled that a former National Security Adviser, Sambo Dasuki, unlawfully transferred the sum of N400 million to the defendants in November 2014.

The judge ruled that Metuh and his firm reasonably ought to have known that the sum of N400 million paid to them formed part of the proceeds of the unlawful activity of the ex-NSA because they had no form of a contractual relationship with the ONSA.

According to the judge, Dasuki transferred the money to the defendants “in breach of public trust”.

He dismissed the contention of the defence who argued that the defendants could not be convicted for the money laundering offence because Dasuki, who is currently being prosecuted, had yet to be convicted for the predicate offence of breach of trust and corruption.

The judge said, contrary to the argument, “the predicate offence and the money laundering offence are intertwined”.

“The success or failure of the predicate offence does not determine the success or failures of the money laundering offence,” the judge added.

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Lagos Government To Demolish Buildings In Banana Island, Parkview, Ikoyi

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Worried by the persistent violation of building permit laws in Lagos State, the Government has disclosed that it would not hesitate to pull down structures in Banana Island, Ikoyi, Parkview and other highbrow areas.

The announcement came as the State Building Control Agency (LASBCA) intensify enforcement with the sealing of buildings to prevent collapse buildings cases in the state.

Commissioner for Physical Planning and Urban Development, Dr. Idris Salako, disclosed the Government plan in a statement posted on his official twitter handle, lamenting that several buildings within these highbrow areas were erected without permits.

According to him, it is highly regrettable that most of the buildings within these highbrow areas are either without planning permits or built beyond approved units. And this was discovered during our week-long massive enforcement on Planning permit in Ikoyi, Parkview, Banana Island, and environs.

“It was also observed that many commenced construction without recourse to LASBCA as stipulated in the Lagos State Urban and Regional Planning Law. In view of this flagrant disregard for the extant planning laws of the state.

“The Lagos Government henceforth will not hesitate to apply the full wrath of the law against such violators and to ensure compliance with the planning laws and regulations in the State”.

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