EFCC Traces 3 Mansions Linking Fayose’s Man with the N4.7b Fraud

The Economic and Financial Crimes Commission (EFCC) has traced three posh houses to an associate of Ekiti State Governor Ayodele Fayose. The big houses, one in Abuja and two in Lagos, are believed to have been bought with part of the N1.219bn that was illegally released for the 2014 governorship election, from the office of the former National Security Adviser (NSA) to Fayose.


He has denied having any dealing with the office while Col. Sambo Dasuki (retd.) was in charge.


The cash, according to detectives, was from the N4.745bn allocated to a former Minister of state for Defence, Musiliu Obanikoro by the NSA as a war chest to win the governorship elections in Ekiti and Osun states. The EFCC has facts that the man acted as a front for Governor Fayose, who is now under investigation. The agency may seize the properties under the Interim Forfeiture Clause of the EFCC Act. Investigators have established a link between the N1.29billion and the three mansions.


A source said: “We have been able to trace the 3 mansions in Abuja and Lagos to a key associate of Fayose. Our investigators have retrieved relevant documents, including the mode of payment for the houses.


“Part of the N1.29billion credited to Fayose was used for the acquisition of the mansions. We are suspecting that the associate allegedly acted as a front for the governor. We will certainly invoke the appropriate laws to seize the assets after conclusion of investigation.”