N4.7bn Poll Cash: Three Mansions Traced to Fayose’s Associate – EFCC

Three ostentatious properties belonging to an associate of the embattled Ayodele Fayose have been uncovered by the anti graft body, EFCC.

Ayodele Fayose
The Nation reports the Economic and Financial Crimes Commission, EFCC has traced three mansions to a close ally of the Ekiti state governor, Ayodele Fayose who has been accused of benefitting from the arms deal largese.
Further reports have it that N1.219 billion from an illegal source was invested in the 2014 Ekiti gubernatorial election that ushered in Fayose out of which a house was purchased in Abuja and another in Lagos state.
The cash was believed to be from the office of the National security Adviser. Fayose has denied having any dealing with the office, while Colonel Sambo Dasuki (rtd.) was in charge.

The cash, detectives believe, was from the N4.745 billion allocated to a former Minister of State (Defence), Musiliu Obanikoro, by the ONSA as a war chest to win the governorship elections in Ekiti and Osun States in 2014.

The EFCC has facts to believe that the associate allegedly acted as a front for the governor, who is under investigation. The agency may seize the properties under the Interim Forfeiture Clause of the EFCC Act.

According to a source, investigators have established a link between the N1.29 billion and the three mansions.

The source said: “We have been able to trace the three 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.”

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