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Estate Agent Vows To Cooperate With EFCC Over N1.35b Houses Traced To Fayose.

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Fayose DullOne of the estate agents who sold houses acquired by the Governor of Ekiti State, Ayo Fayose, has promised to cooperate with the Economic and Financial Crimes Commission over the seven houses traced to the controversial governor.

The seven houses, according to an exclusive report by The Eagle Online, were bought by Fayose in a space of six months.

They are all located within the highbrow Victoria Island area of Lagos State, with one of them said to be in the exclusive and highly expensive Banana Island.

The cost of the houses have been put at about N1.35 billion.

Available information on Wednesday had it that one of the estate agencies involved in the transaction, Still Earth, has vowed to cooperate with the EFCC, which is investigating Fayose over N4.7 billion he allegedly collected from the Office of the National Security Adviser under retired Colonel Sambo Dasuki through a former Minister of State for Defence, Senator Musiliu Obanikoro.

Already, Fayose’s N1.299 billion bank account with Zenith Bank Plc has been frozen by a court order obtained by the EFCC.

A top official of Still Earth Limited and Signachorr Nigeria Limited, which sold one of the properties to Fayose, said contrary to the alarm being raised, the Governor actually bought a property in Lagos through it at the cost of N550 million.

It was, however, gathered that Fayose only paid an initial deposit of N400 million for the property through his close ally, Abiodun Agbele, popularly known as Abbey, promising to pay the balance at a later date.

Agbele is at present in the custody of the EFCC.

However, rather than paying the balance of N150 million through the same person that made the deposit or by himself, it was paid through a company, Samchese Nigeria Limited.

Samchese Nigeria Limited, however, has been discovered to be a contractor to the Ekiti State Government, fuelling speculation that the N150 million paid by the company for the completion of the payment for the N550 million house was a kick-back due to the Governor.

The official of Still Earth Limited and Signachorr Nigeria Limited, who spoke on condition of anonymity, said the company will not hide anything from the EFCC since it was a genuine transaction and they did not know the money Fayose paid was from a kick-back or the Office of the NSA.

The official said: “I want to tell you that we are a reputable company and have nothing to hide.

“We engaged in genuine transaction with Mr. Fayose and all the documents are there.

“We will not hide anything from the EFCC or any government agency that may be interested in the matter because our hands are clean.

“Nobody is trying to implicate the Governor.

“He should own up now because we are not ready to play any dirty game with him.”

It was learnt that three officials of the company have been invited for questioning by the EFCC on Friday (tomorrow).

The EFCC had in a case instituted against it by Fayose at the Federal High Court in Ado Ekiti presented an affidavit in which it indicted the governor.

The affidavit sought to justify the freezing of Faye’s account with Zenith Bank Plc.

The affidavit said in part: “That apart from fraudulently retaining the sum of N1,219,490,000.00 being part of the N4,745,000,000.00 stolen from the treasury of the Federal Government through the office of the National Security Adviser, the Applicant (Fayose) has also received gratification in form of kick back from various contractors with the Ekiti State Government, such as Samchese Nigeria Ltd, Tender Branch Concept Nig. Ltd, Hoff Concept Ltd, Calibre Consulting Ltd.

“That the Applicant received these kick-backs and gratification through Still Earth Ltd and Signachorr Nigeria Ltd.

“That, in turn, the Applicant (Fayose) instructed the Still Earth Ltd and Signachoor Nigeria Ltd to use the funds to acquire properties for him.

“That in complying with the Applicant’s instruction, Still Earth Ltd and Signachoor Nigeria Ltd, acquired properties on behalf of the Applicant in the name of a company known as J.J. Technical Services Ltd belonging to the applicant and his wife. Attached and marked Exhibit EFCC 08 are copies of the deeds of assignment for the said properties.”

An elder statesman from Ekiti State, who spoke with newsmen on condition of anonymity, described Fayose as a tragedy that befell the State.

He said: “Fayose is the tragedy that happened when Ekiti people chose ‘rice’ over an educational colossus like (former Governor Kayode) Fayemi.

“What a disaster.
“I heartily sympathise with the people of Ekiti for having a miscreant like Fayose governing the state of many intellects.

“It is really sad.

“When I stumbled on Fayose’s newspaper advert about (President Muhammadu) Buhari, I couldn’t help but cry for the people of Ekiti for having him as their leader.”

The elder statesman said most of the companies and names Fayose has been indicting since the investigation into the funding of his governorship campaign commenced “are business owners who have worked tirelessly to build a brand for themselves, which should not be tarnished overnight by a failing and failed institution and entity”.

The elder statesman said Fayose had even before now acted unwisely to a higher authority in the person of Buhari and then sought to drag the President’s wife, Hajia Aisha Buhari, in the mud in order to cover his track.

Meanwhile, Agbele is said to have made statements indicting Fayose over several transactions, including the purchase of the seven houses and the movement of cash before, during and after the Ekiti State governorship election.

BIG STORY

Kidnapping Children Lesser Evil Than Killing Soldiers, Govt Must Negotiate With Bandits — Sheikh Gumi

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Islamic cleric Sheikh Gumi has described the kidnapping of schoolchildren as a “lesser evil” compared to killing soldiers, insisting that Nigeria must negotiate with bandits to prevent greater bloodshed.

Speaking in an interview with the BBC shared on Tuesday, Gumi said that while the abduction of minors is “evil,” it remains less grievous than murder — particularly in situations where kidnapped children are eventually released unharmed.

“Saying that kidnapping children is a lesser evil than killing your soldiers, definitely is lesser. Killing is worse than, but they are all evil. It’s just a lesser evil. Not all evils are of the same power.

He cited previous incidents, including the mass abduction in Kebbi State, arguing that the victims were freed without fatalities.

“So it’s a lesser evil than, like, what happened in Kebbi. They abducted children, and they were released. They didn’t kill them.”

The remarks come as more than 315 people — including 303 students and 12 teachers — were abducted in Niger State.

On 7 December, the Federal Government announced the release of 100 students, while an earlier report confirmed the escape of 50 others just days after the kidnapping.

“It’s an evil, and we pray that they escape”, Gumi responded briefly when asked what he would say to their parents.

Gumi also defended his long-held stance that negotiating with bandits is unavoidable, describing engagement with bandits and other non-state actors as a practical strategy to secure peace and save lives, and noting that “everybody negotiates with bandits.”

“That word [‘we don’t negotiate’], I don’t know where they got it from. It’s not in the Bible. It’s not in the Quran.

“In fact, it’s not even in practice. Everybody’s negotiating with outlaws, non-state actors, everybody. So who got it, and where did they get that knowledge from? We negotiate for peace and our strategic interests. If negotiation will bring stoppage to bloodshed, we will do it.”

The cleric stressed that his past engagements with bandits were not carried out secretly or independently.

“I go there with the authorities. I don’t go there alone. And I go there with the press,” he said.

Gumi revealed that his last direct meetings with bandit groups were in 2021, saying he made marathon efforts to bring various factions together, but the federal government at the time “was not keen” on the initiative.

He said once the groups were officially designated as terrorists, he completely withdrew from any contact.

Turning to the wider security situation, the former army captain argued that Nigeria’s military cannot shoulder the burden alone.

“We need a robust army… but even the military is saying our role in this civil unrest, in this criminality, is 95% kinetic. The rest is the government, the politics, and the locals. The military cannot do everything.”

Gumi also maintained that most bandits are Fulani herdsmen, not urban Fulani, urging a clear distinction between the two. He described their struggle as rooted in survival and cattle rearing:

“They are fighting an existential war… Their life revolves around cattle. In fact, they inherit them. They’ll tell you, ‘This cow I inherited from my grandfather.’ They are mostly Fulani herdsmen, not the Fulani town, because you have to differentiate between the two.”

Gumi’s remarks underscore the delicate balance between dialogue and enforcement in addressing Nigeria’s persistent insecurity, particularly in the northwest, where kidnappings, bandit raids, and violence continue to disrupt communities.

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BIG STORY

EFCC Probes ‘46 Bank Accounts’ Linked To Former AGF Abubakar Malami

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Abubakar Malami, former attorney-general of the federation (AGF) and minister of justice, spent Monday night at the headquarters of the Economic and Financial Crimes Commission (EFCC) as interrogations over an ongoing investigation intensified, TheCable has learnt.

An associate of the former minister told TheCable that Malami was invited for questioning on Monday but arrived late in the evening, which resulted in him staying overnight to continue responding to investigators’ queries.

The associate also disclosed that 46 bank accounts allegedly linked to Malami are currently under investigation, forming a major part of the EFCC’s line of inquiry.

The former AGF would be reporting to the EFCC daily as the probe continues.

Following his earlier interrogation on November 29, the former AGF had said in a post on X that the session “was successful” and that he had been scheduled for “further engagement” with investigators.

“The engagement was successful, and I am eventually released while on an appointment for further engagement as the truth relating to the fabricated allegations against me continues to unfold,” he said.

FIVE SUSPICIOUS MEGA DEALS

In 2023, It was widely reported that Malami would be questioned over at least five suspicious transactions during his time in office.

Malami’s name featured in a number of questionable deals under the Muhammadu Buhari administration.

The transactions bordered on the mysterious payment of $496 million to Global Steel Holdings Ltd (GSHL) as settlement for the termination of the Ajaokuta Steel concession nine years after the Indian company had waived all claims for compensation.

Another contentious matter is Malami’s handling of the sale of assets worth billions of naira forfeited to the EFCC by politically exposed persons.

The former minister’s role in the $419 million judgment debt awarded to consultants who claimed to have facilitated the Paris Club refunds to states is also up for scrutiny.

Others are the curious agreement to pay Sunrise Power $200 million compensation in its dispute with the federal government over the Mambilla power project, and the duplicated legal fees in the transfer of $321 million Abacha loot from Switzerland to Nigeria.

Meanwhile, on November 17, Malami declared his intention to contest the 2027 governorship election in Kebbi state.

The former AGF resigned from the APC in July and joined the African Democratic Congress (ADC).

He said the decision followed “wide consultations and deep personal reflection”, adding that he left the ruling party out of “love for our nation and concern for the hardship our people are facing”.

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BIG STORY

BREAKING: Gov Fubara Dumps PDP, Defects To APC

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Governor Siminalayi Fubara of Rivers State has defected to the All Progressives Congress (APC) from the Peoples Democratic Party (PDP).

According to Channels TV, the governor announced his defection at a stakeholders meeting at the government house in Port Harcourt.

More to follow…

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