EFCC Picks Up Fayose's N6.9 billion Security Fraud Case

Ayodele Fayose EFCC DasukiGate
Ayodele Fayose
Nigeria's anti-graft agency, the Economics and Financial Crimes Commission (EFCC) has revisited a case it launched against the former Governor of Ekiti State, Peter Ayodele Fayose on October 22, 2018.

Recall that EFCC on Tuesday, July 2, 2019, arraigned Ekiti State former Governor Ayodele Fayose and Spotless Investment Limited on 11-count charges bordering on money laundering and stealing to the tune of N6.9 billion (Six Billion Nine Hundred Million Naira only).

Calling the thirteen prosecution witnesses in the case against Mr. Fayose, one of the officers of the EFCC, Abubakar Aliyu Madaki on Friday, October 27, 2023, told Justice Chuwujekwu Aneke of the Federal High Court, Ikoyi, Lagos State that the sum of N1,219,000,000 received by former governor Fayose from the former Minister of State for Defense, Musiliu Obanikoro, emanated from the Office of the former National Security Adviser, Col. Sambo Dasuki (retd).

The witness recalled that Obanikoro had previously testified that the money was taken in an aircraft to former Governor Fayose. He said “The money was released from the imprest accounts in the Office of the Secretary to the Government of the Federation, SGF, under the control of the National Security Adviser, NSA, Col. Sambo Dasuki.

Contacting the National headquarters of the Peoples Democratic Party (PDP), in Abuja, by the EFCC the political party denied receiving any campaign fund from the office of the NSA, and that it did not give any campaign fund to Obanikoro.

After the denial by the PDP National Secretariat, Counsel to the EFCC, Rotimi Jacob, SAN, therefore, argued that “the funds which moved from Diamond Bank to Zenith Bank were the funds that came from the imprest account, which was under the control of Col. Sambo Dasuki, the National Security Adviser to President Goodluck Jonathan.

Revealing how the money was spent by Fayose, the witness told the court “Fayose bought property worth N270 million from one Rabiu Kundili in Abuja and deposited a sum of N100 million into a fixed account out of the N1.2 billion he received from the Office of the NSA.

Splitting the banking activities of how Mr. Fayose diverted the money he received in cash from the office of the NSA, the witness stated “N150 million cash was lodged into the Bank account of the second defendant, Spotless Investment Limited, by Biodun Agbele who was an aide to former Governor Ayodele Fayose. Another N168 million was later deposited into Spotless Investment Limited’s account on August 24, 2016.

The case has been adjourned till November 24, 2023, for continuation of the trial.

Category: World-News
Tag: Ayodele Fayose EFCC DasukiGate
Written by Omooba Alekuwodo (omoobaalekuwodo)
Published 10/29/2023 2:41:33 PM

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