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Wednesday, 29 June 2016

Court Order Freezing Governor Fayose's Zenith Bank Accounts Surfaces

The court order by which the Economic and Financial Crimes Commission (EFCC) froze the four Zenith Bank accounts used by Governor Ayo Fayose to launder money for his Ekiti governorship election in 2014 has surfaced.
A lawsuit Number FHC/CS?871/2016 titled “Federal Republic of Nigeria Vs Zenith bank PLC account numbers 1003126654, 9013074033, 1010170969 and 1013835889” was decided by Justice Mohammed Idris on June 24, the document shows. The judge granted the EFCC an order freezing all the funds in the said accounts in Zenith Bank.
Two of the frozen accounts belong to Governor Ayo Fayose while the third belongs to Spotless Hotel in Ado Ekiti, which is one of his businesses.  It was also the location of the infamous meeting in 2014 where he met with former Minister of State for Defense, Musiliu Obanikoro; Iyiola Omisore; former Minister of Police Affairs Adesiyan and Brigadier General Aliyu Momoh to plan the rigging for his benefit.  The fourth account was operated by one of Fayose’s aides, Abiodun Agbele, who is now in EFCC custody.
The rigging was carried out using funds sourced from the office of the National Security Adviser, said to be about N4.7 billion.  A lot of it was personally retained by Fayose after the election.
Today, Mr. Fayose, through his lawyer, Mike Ozekhome, approached a Federal High Court judge in Ado-Ekiti to unfreeze the account, apparently unaware that a proper court order had been secured for the freezing. 
Rather than grant the exparte order request, the judge asked the EFCC to show case on July 4th.
SaharaReporters obtained bank tellers showing how Abiodun Agbele transferred monies to accounts owned by Fayose during the period of the election.