One of the properties EFCC claims was acquired by former Ekiti State governor, Ayo Fayose, with proceeds from fraudOne of the properties EFCC claims was acquired by former Ekiti State governor, Ayo Fayose, with proceeds from fraud

Matilda Omonaiye/

The Economic and Financial Crimes Commission has released photos of some of the properties former Ekiti State governor, Mr. Ayo Fayose, bought with the money he allegedly received from the Office of the National Security Adviser through a former Minister of State for Defence, Senator Musiliu Obanikoro, during the build-up to the 2014 governorship election in Ekiti State.

The PUNCH also reported that the Commission had obtained a remand order from a Federal Capital Territory High Court to keep the former governor for two weeks.

The remand order is reportedly subject to renewal which implies that Fayose could spend longer than two weeks in custody.

Fayose arriving at EFCC office in Abuja
Fayose arriving at EFCC office in Abuja on Tuesday.

EFCC claims Fayose used the N1.3 billion he allegedly received from Obanikoro to acquire choice properties in Lagos and Abuja.

The funds traced to Fayose were said to be part of the N4.7 billion allegedly handed to Obanikoro by the then National Security Adviser, Col. Sambo Dasuki (rtd).





Photos of some properties former Ekiti State governor, Ayo Fayose, allegedly bought with proceeds from fraud released by EFCC
Photos of some properties former Ekiti State governor, Ayo Fayose, allegedly bought with proceeds from fraud released by EFCC.

While about N1.3 billion was given to Fayose, another N1.3 billion was also allegedly handed over to the governorship candidate of the Peoples Democratic Party in Osun State in 2014, Senator Iyiola Omisore.

The funds were said to have been transported from Lagos to Ekiti State by air.

The former governor is also reportedly being investigated for allegedly receiving kickbacks from government contractors through his aide, Abiodun Agbele, who is currently standing trial for fraud.

Fayose has been in the custody of EFCC since Tuesday, when he finally honoured an invitation by the Commission after losing his immunity from prosecution and arrest.

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By Editor

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