Fayose’s N1.350b Properties Seized By EFCC (Photo)

Ekiti state governor, Ayo Fayose, has had 6 of his choice properties, confiscated by the Economic and Financial Crimes Commission (EFCC).
The properties which are 4 houses bought in Lagos and 2 in Abuja,allegedly bought with stolen funds and estimated at N1.350billion, are now under locks by EFCC.

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The Nation, who reported the news said the properties were allegedly acquired for him by his associate, Abiodun Agbele and sister. Mrs. Moji Ladeji.

EFCC Seizes Fyose's N1.350B properties

On Monday, it was also reported that the said, Mrs. Ladeji has approached the Federal High Court, Ado-Ekiti laying claim to one of the Abuja duplexes.
According to some sources, EFCC, is of the believe that the properties were bought with public funds to include the N1.219billion slush fund from the Office of the National Security Adviser (ONSA) handed over to Fayose by former Minister of Defence, Mr. Musiliu Obanikoro, and bribe money from contractors.
It was also revealed that the other part of the funds came from the N4.745billion, meant for Ekiti governorship poll, which was paid into Obanikoro’s company, Sylva Mcnamara by ONSA.The buildings have now been located and marked by the Operatives of the anti-graft commission.. They are located in the following areas; 44, Osun Crescent and 32, Yedseram Street in Maitama, Abuja; and houses 3, 4, 6, and 9 in Plot 100, Tiamiyu Savage Street, Victoria Island, Lagos.

EFCC also revealed that the the duplex on  Osun Crescent was allegedly bought for N200million from Skye Bank Plc, while the one located in Yedseram Street in Abuja was purchased for  N270million from a businessman, Rabi Kundili.

Abiodun Agbele, the detained associate of the governor who is currently under investigation, ids said to be the one that paid for all the houses in Lagos. He allegedly paid  over N880 million for the Lagos properties.

Fayose according to sources bought the houses “within 180 days in office ”

We have discovered that he paid for the houses through his associate’s company, De-Privateer Limited of Agbele.


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Temitope Delano

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