Home FEATURES Yes, I Purchased Properties Worth N1.35 Billion: They Are Legitimate, Gov Fayose...

Yes, I Purchased Properties Worth N1.35 Billion: They Are Legitimate, Gov Fayose Admits

fayose boboThe governor of Ekiti state, Ayodele Fayose has admitted that he actually bought several houses worth N1. 35 Billion in Lagos and Abuja, but that he owned such properties legitimately.

In a statement aimed at pre-empting the Economic and Financial Crime Commission (EFCC) over the illegal acquisition of properties bought with stolen funds from the coffers of a state that has not been able to pay workers’ salaries for over six months, Fayose confessed that some of his aides assisted him to buy properties in Lagos and Abuja.

Not knowing that his agents and  contractors had admitted that he stole Ekiti state funds to purchase the properties, Fayose claimed that he bought them from the “campaign fund’ donated to him by zenith bank plc and some unnamed friends.

Reacting to the confession, the Coordinator of Value and Integrity Group (VIG),  Sina Odugbemi, noted that the more Fayose talks the more he implicates himself.

“Whether the N1.2 billion was stolen from the office of the NSA, Colonel Sambo Dasuki through Mr. Obanikoro or donated by zenith bank plc the EFCC has the power to recover the criminally diverted fund. Granted that zenith bank plc donated the fund does the financial institution have the power to remove depositors’ fund and donate it to Mr. Fayose for his political campaign? Can a bank contribute N1.2 billion to a political campaign of a politician?

“Has Mike Ozekhome SAN forgotten to educate his client whose confessional statements are sufficient to convict him in a court of law. Is Ozekhome not aware that the maximum amount stipulate for political expenses  of a governorship candidate  is N200 million whereas his client has admitted that he spent N1.2 billion? Has Ozekhome not made it clear to his client that the N1.2 billion is forfeitable since it was either stolen from the office of the NSA or from the vault of a bank being depositors’ fund?

“However, the EFCC must be commended for carrying out a professional investigation which is so thorough that the explanations of the suspect, Mr. Fayose, look so unintelligent. Surely, Mr. Fayose stands to forfeit all the properties and other assets traced to the campaign fund of  N1.2 billion, whether stolen from the government of Nigeria or donated illegally by  zenith bank plc. But since the efcc has shown that the money for the properties was stolen from the account of Ekiti state government through contractors, what is the explanation of Mr. stomach infrastructure?

“Mr. Fayose claimed that the N1.2 billion traced to him was donated by zenith bank and unnamed friends. He said that he spent the entire fund on his election. Now, the efcc has found and confirmed  that he bought properties worth N1.35 billion within 6 months of his inauguration. Will Mr. Fayose or his lawyer, Mr. Ozekhome add up the figures for the members of the public?” [myad]