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EFCC Freezes Fayose’s Personal Bank Account, Governor Kicks.

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Fayose EFCC

The Economic and Financial Crimes Commission (EFCC) has blocked the account of Ekiti State Governor, Mr Ayodele Fayose, he operates with Zenith Bank Plc. The governor, who spoke to reporters in Ado-Ekiti on Monday at the premises of the bank, said he had information that the accounts of some of his associates were also affected.

According to a press release by the Chief Preds Secretary to the Governor, Mr Idowu Adelusi, the governor accused some leaders of the All Progressives Congress (APC) and a prominent lawyer from the state of being the brains behind the action.

While condemning the action, Fayose said under the constitution of the Federal Republic of Nigeria, especially th‎e provisions contained in Section 308, he enjoys immunity and wondered why his personal properties should become the targets of Federal Government and it’s agencies under the guise of fighting corruption.

“Section 308 of the 1999 Constitution gives me immunity just like the President. I wouldn’t know why these people are intolerant of others and in a haste. Let them wait till 2018 when I will end my tenure for them to do their investigation.

The other time the EFCC accused me of embezzling N1.2 billion poultry project fund, I was the one who voluntarily reported myself to the EFCC.

“It was ‎when I got a hint of their move that I wrote a cheque to withdraw some money from the account and I came myself. I was denied access to the account as I was told the EFCC has placed restriction on it. That is executive rascality taken too far. Even when I had case with EFCC my properties were not affected.

“If they say they are investigating money spent on election, does it mean it is only Peoples Democratic Party (PDP) that spent money on election? A lot of people and groups supported my campaign then. Where did APC and their leaders get the money they spent on 2015 general elections from? Now it is only in PDP that they find thieves, to them there are no theieves in the APC.

“A lot of petitions were written against former Governor Kayode Fayemi and the EFCC has not asked him a question up till now. The diversion of N850 million fund meant for Ekiti State Universal Basic Education Board is there and nobody is asking Fayemi questions.

“Even the President cannot claim to be an angel. The estate he built in Abuja is known to us. His wife was indicted over the Halliburton Scandal. When that American, Jefferson, was being sentenced, the President’s wife was mentioned as having wired $170,000 to Jefferson. Her name was on page 25 of the sentencing of Jefferson. We can serialize the judgment for people to see and read. “We will not allow this and we will defend our rights within the law of the land. Those who th‎ink they can silence me are mistaken. I am a person who is not perturbed by things like this. Let them wait till 2018 when I will finish my term and I will be the one to go and meet them. I won’t run away and let them investigate the whole world, I have nothing to hide or fear,” he said.

Fayose said he would challenge the action appropriately.

BIG STORY

Alleged N110bn Fraud: Court Adjourns Yahaya Bello, Other’s Bail Ruling To December 10

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The Federal High Court in Abuja has adjourned to December 10 for a ruling on the bail application by the immediate past Governor of Kogi State, Yahaya Bello, and two others.

Bello had pleaded not guilty to the 16-count charges brought against them by the Economic and Financial Crimes Commission.

The former governor, along with Umar Oricha and Abdulsalami Hudu, are being prosecuted as the 1st to 3rd defendants, respectively, in a fresh N110bn 16-count charge instituted against them by the EFCC.

Bello, the 1st defendant, vehemently denied the allegations before Justice Maryanne Anenih as they were read out to them.

After taking their plea, the Defendant’s Counsel, Joseph Daudu, moved an application for bail.

However, the EFCC Counsel, Kemi Pinheiro, opposed the application, arguing that it had expired in October.

Clarifying the issue, the Defendant’s Counsel stated that the only relevant application before the Court was the motion for bail in respect of the first defendant, which was filed on November 22.

Relying on all the paragraphs of the affidavit, he added that the bail application was also supported with a written address.

Justice Anenih ordered that the defendants be remanded in the custody of the EFCC.

The EFCC had filed an N110bn alleged fraud suit against the former governor.

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BIG STORY

JUST IN: Court Remands Yahaya Bello In EFCC Custody Amid Alleged N110bn Fraud Case

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The Federal Capital Territory (FCT) High Court has remanded Yahaya Bello, former governor of Kogi, in the custody of the Economic and Financial Crimes Commission (EFCC).

Bello was arraigned on a 16-count charge related to alleged money laundering on Wednesday.

He pleaded not guilty to all the charges.

 

More to come…

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BIG STORY

First Phase Of 10,800-Bed Hostel In LASU Ready — Tokunbo Wahab

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The first phase of a 10,800-bed hostel project at the Lagos State University (LASU) is now ready for inauguration, according to Tokunbo Wahab, former special adviser to the governor on education.

Wahab, who is now commissioner for environment and water resources in Lagos, describes the project as ambitious and transformative.

“ It remains one of the most ambitious and transformative projects undertaken during my time as the Special Adviser to the Governor on Education,” he wrote on X.

“It was executed through a Public-Private Partnership (PPP) model under a Build-Operate-Transfer (BOT) arrangement which involves seven reputable investors.”

Wahab commended Babajide Sanwo-Olu, Lagos governor, for his leadership and continuous support.

“Proud of the work done here and to have been a part of this special one,” he added.

“Through the grace of God and the unwavering support and the dedication of the Lagos State Office of Public-Private Partnerships, the relentless efforts of the management staff of LASU, led by Vice Chancellor Prof. Ibiyemi Olatunji-Bello, and the cooperation of other key stakeholders, the first phase of this landmark project has now been completed.”

Wahab emphasized that the project showcases the state government’s commitment to leveraging public-private partnerships to address critical infrastructure needs in the education sector.

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