Why has'nt Fayose who is very vocal answered allegation by the EFCC that he used N1.3 billion that he diverted to buy several house in Lagos? Instead he continues to use religion and ethnicity to deceive the gullible masses to turn a blind eye and forget about his corruption trial.


Detectives from the EFCC alleged Fayose used a large chunk of the N1.219bn along with some money from Ekiti coffers to purchase houses in Lagos and Abuja which have since been seized by the anti-graft agency.

An investigator in the EFCC stated that the embattled governor used Agbele to purchase the properties in a way that would make the source of the money look legitimate.

The EFCC investigator revealed that the two properties at Abuja were purchased with bank loans from Skye and Zenith Banks on the surface. On the other hand, the stolen money was said to be used in offsetting the bank loans.
he investigator said: “From the Dasuki funds, they had about N300m stashed in one account. However, when they were going to buy the N270m property located on Yedseram Street, they did not use the N300m from the stolen funds. Rather, they obtained a loan of N120m in the name of Spotless Hotel from Zenith Bank to deposit for the house.

“They then took about N150m out of the Dasuki money to pay the balance on the house and then used the same Dasuki funds to offset the loan. They went through all this stress to cover their tracks and make it look as if it was a bank loan they used in buying the property.

“Why did they take a loan that would be gathering interest when they had more than enough money to buy the house?”
The EFCC detective said when it was the period to purchase the four duplexes at Lagos, the Ekiti state governor and his associtate overpaid the seller of the houses and then told the seller to use the balance which was N200m to pay for another house at Abuja.

The source said, “The worth of the four duplexes in Lagos is N1.1bn, which was sold by Still Earth Nigeria Ltd. However, Fayose and Agbele paid Still Earth N1.3bn in cash and then told the company to transfer the balance of N200m to Skye Bank. It was that N200m that was used in purchasing the building at 44 Osun River Crescent, Abuja. This was done so that no one would be able to trace the fund to them.”

Likewise the anti-graft agency has discovered about N60million in an account belonging to Agbele.

The account titled was BYKD Consultant Limited and was domiciled in Diamond Bank. It stated it received some money from Ekiti state local governments under the name of Millennium Development Goals.

A copy of the statement of account was seen and showed that on February 18, 2015, at least N18, 159, 050 was paid into the account. On the same day, about N15, 319, 650 was deposited into the same account while about N11, 238, 500 was paid into the account on the same day among other transactions.

The transaction history showed Fayose’s associate deposited about N40m and N15m into the account of Affordable Motors.

“This is a new discovery and we want to know why such funds would be released by local governments because so far there is no evidence of any contract between the local government and Agbele,” the detective concluded.

The Ekiti state governor is finding himself from one controversy to another; a few days ago, one Olaoluwa Omotoso, a bullion van driver said he transported the N1.219bn in which the EFCC alleged was delivered to Governor Fayose.
https://www.naij.com/896671-fayoses-n1-3billion-houses-efcc-reveals-whole-truth-ekiti-governor.html
http://thenationonlineng.net/fayose-bought-n1-35b-properties-six-months-office-says-efcc/

Okay

We all know it's only enemies of the state that loves him

Fayose will soon meet that criminal called kanu in kuje

sarrki:
We all know it's only enemies of the state that loves him

Fayose will soon meet that criminal called kanu in kuje

Fani Kayode and Fayose employ the same tactics to deceive the masses who are not enlightened. Instead of them to focus on their corruption trials with EFCC, they use ethnicity and religion to divert attention from their trials for massive corruption.

claptrap!

kaydutchboy:
Why has'nt Fayose who is very vocal answered allegation by the EFCC that he used N1.3 billion that he diverted to buy several house in Lagos? Instead he continues to use religion and ethnicity to deceive the gullible masses to turn a blind eye and forget about his corruption trial.


Detectives from the EFCC alleged Fayose used a large chunk of the N1.219bn along with some money from Ekiti coffers to purchase houses in Lagos and Abuja which have since been seized by the anti-graft agency.

An investigator in the EFCC stated that the embattled governor used Agbele to purchase the properties in a way that would make the source of the money look legitimate.

The EFCC investigator revealed that the two properties at Abuja were purchased with bank loans from Skye and Zenith Banks on the surface. On the other hand, the stolen money was said to be used in offsetting the bank loans.
he investigator said: “From the Dasuki funds, they had about N300m stashed in one account. However, when they were going to buy the N270m property located on Yedseram Street, they did not use the N300m from the stolen funds. Rather, they obtained a loan of N120m in the name of Spotless Hotel from Zenith Bank to deposit for the house.

“They then took about N150m out of the Dasuki money to pay the balance on the house and then used the same Dasuki funds to offset the loan. They went through all this stress to cover their tracks and make it look as if it was a bank loan they used in buying the property.

“Why did they take a loan that would be gathering interest when they had more than enough money to buy the house?”
The EFCC detective said when it was the period to purchase the four duplexes at Lagos, the Ekiti state governor and his associtate overpaid the seller of the houses and then told the seller to use the balance which was N200m to pay for another house at Abuja.

The source said, “The worth of the four duplexes in Lagos is N1.1bn, which was sold by Still Earth Nigeria Ltd. However, Fayose and Agbele paid Still Earth N1.3bn in cash and then told the company to transfer the balance of N200m to Skye Bank. It was that N200m that was used in purchasing the building at 44 Osun River Crescent, Abuja. This was done so that no one would be able to trace the fund to them.”

Likewise the anti-graft agency has discovered about N60million in an account belonging to Agbele.

The account titled was BYKD Consultant Limited and was domiciled in Diamond Bank. It stated it received some money from Ekiti state local governments under the name of Millennium Development Goals.

A copy of the statement of account was seen and showed that on February 18, 2015, at least N18, 159, 050 was paid into the account. On the same day, about N15, 319, 650 was deposited into the same account while about N11, 238, 500 was paid into the account on the same day among other transactions.

The transaction history showed Fayose’s associate deposited about N40m and N15m into the account of Affordable Motors.

“This is a new discovery and we want to know why such funds would be released by local governments because so far there is no evidence of any contract between the local government and Agbele,” the detective concluded.

The Ekiti state governor is finding himself from one controversy to another; a few days ago, one Olaoluwa Omotoso, a bullion van driver said he transported the N1.219bn in which the EFCC alleged was delivered to Governor Fayose.
https://www.naij.com/896671-fayoses-n1-3billion-houses-efcc-reveals-whole-truth-ekiti-governor.html
http://thenationonlineng.net/fayose-bought-n1-35b-properties-six-months-office-says-efcc/

temitemi1:
claptrap!

He should defend himself from the N1.35 billion houses he bought in Lekki from looted funds according to EFCC and stop going upandan the country making noise and distracting attention from his corruption trial.

direct this to SGF n MAGU...

kaydutchboy:

He should defend himself from the N1.35 billion houses he bought in Lekki from looted funds according to EFCC and stop going upandan the country making noise and distracting attention from his corruption trial.

temitemi1:
direct this to SGF n MAGU...

What makes you think I support any corrupt official? When SGF Lawal gave a contract of N325 million to cut grass to his personal company in the IDP camp did he share money with me or any of my family members?Also,I don't support Magu or any public official I believe they are all thieves.

Yawn At least he has human empathy unlike Tinubu and co

aljharem:
Yawn At least he has human empathy unlike Tinubu and co

Which human empathy?Did the charges by EFCC against Fayose for dievrting funds to buy N1.35 billion houses in Lekki for himself and sister show any empathy. You are part of the brainwashed masses that has being deceived by the thieving leaders.

sarrki:
We all know it's only enemies of the state that loves him

Fayose will soon meet that criminal called kanu in kuje

Welcome back ..... its a common knowledge that,its only poooo like this that attracts fatter flies mostly

kaydutchboy:
Why has'nt Fayose who is very vocal answered allegation by the EFCC that he used N1.3 billion that he diverted to buy several house in Lagos? Instead he continues to use religion and ethnicity to deceive the gullible masses to turn a blind eye and forget about his corruption trial.


Detectives from the EFCC alleged Fayose used a large chunk of the N1.219bn along with some money from Ekiti coffers to purchase houses in Lagos and Abuja which have since been seized by the anti-graft agency.

An investigator in the EFCC stated that the embattled governor used Agbele to purchase the properties in a way that would make the source of the money look legitimate.

The EFCC investigator revealed that the two properties at Abuja were purchased with bank loans from Skye and Zenith Banks on the surface. On the other hand, the stolen money was said to be used in offsetting the bank loans.
he investigator said: “From the Dasuki funds, they had about N300m stashed in one account. However, when they were going to buy the N270m property located on Yedseram Street, they did not use the N300m from the stolen funds. Rather, they obtained a loan of N120m in the name of Spotless Hotel from Zenith Bank to deposit for the house.

“They then took about N150m out of the Dasuki money to pay the balance on the house and then used the same Dasuki funds to offset the loan. They went through all this stress to cover their tracks and make it look as if it was a bank loan they used in buying the property.

“Why did they take a loan that would be gathering interest when they had more than enough money to buy the house?”
The EFCC detective said when it was the period to purchase the four duplexes at Lagos, the Ekiti state governor and his associtate overpaid the seller of the houses and then told the seller to use the balance which was N200m to pay for another house at Abuja.

The source said, “The worth of the four duplexes in Lagos is N1.1bn, which was sold by Still Earth Nigeria Ltd. However, Fayose and Agbele paid Still Earth N1.3bn in cash and then told the company to transfer the balance of N200m to Skye Bank. It was that N200m that was used in purchasing the building at 44 Osun River Crescent, Abuja. This was done so that no one would be able to trace the fund to them.”

Likewise the anti-graft agency has discovered about N60million in an account belonging to Agbele.

The account titled was BYKD Consultant Limited and was domiciled in Diamond Bank. It stated it received some money from Ekiti state local governments under the name of Millennium Development Goals.

A copy of the statement of account was seen and showed that on February 18, 2015, at least N18, 159, 050 was paid into the account. On the same day, about N15, 319, 650 was deposited into the same account while about N11, 238, 500 was paid into the account on the same day among other transactions.

The transaction history showed Fayose’s associate deposited about N40m and N15m into the account of Affordable Motors.

“This is a new discovery and we want to know why such funds would be released by local governments because so far there is no evidence of any contract between the local government and Agbele,” the detective concluded.

The Ekiti state governor is finding himself from one controversy to another; a few days ago, one Olaoluwa Omotoso, a bullion van driver said he transported the N1.219bn in which the EFCC alleged was delivered to Governor Fayose.
https://www.naij.com/896671-fayoses-n1-3billion-houses-efcc-reveals-whole-truth-ekiti-governor.html
http://thenationonlineng.net/fayose-bought-n1-35b-properties-six-months-office-says-efcc/

It is stupidity to place such accusations on a sitting governor. Our constitution says he cannot be prosecute even if he empty the state coffer into his private back pocket till his tenure is over.

The best the government can do is to gather evidence and not to disturbe us with such ignorance.

soulpeppersoup:


It is stupidity to place such accusations on a sitting governor. Our constitution says he cannot be prosecute even if he empty the state coffer into his private back pocket till his tenure is over.

The best the government can do is to gather evidence and not to disturbe us with such ignorance.

So even though we knew OBJ,Ibori,Tinubu,Alameishegha,Igbenideion,Attah,Gbenga Daniel etc were looting treasury during their tenure in office we should wait for them to finish their tenure before we call them their true names?gerrahia

kaydutchboy:

So even though we knew OBJ,Ibori,Tinubu,Alameishegha,Igbenideion,Attah,Gbenga Daniel etc were looting treasury during their tenure in office we should wait for them to finish their tenure before we call them their true names?gerrahia

Go rewrite the constitution or go join a group with a constitution.

Some people are being used but they don't know it


No way no how Fayose is going to jail after his tenure, he's trying to gather followers and sympathizers


But it won't work

soulpeppersoup:


Go rewrite the constitution or go join a group with a constitution.

The constitution never stated we remain silent when acts of corruption are discovered. Fayose can't defend these allegations,EFCC has the bank statements and account numbers the funds passed through. Fayose has never been for the masses,but acted like a typical thieving African leader,who has thinks public office was a means to plunder your state. I have no personal animosity to Fayose,I went to school with his son Nigba,who was my junior by a year.

kaydutchboy:

What makes you think I support any corrupt official? When SGF Lawal gave a contract of N325 million to cut grass to his personal company in the IDP camp did he share money with me or any of my family members?Also,I don't support Magu or any public official I believe they are all thieves.

We are talking about people being killed and you aretalking nnonsense

lovat:
We are talking about people being killed and you aretalking nnonsense

You think people did'nt die when Fayose was owing workers salaries?Part of the N1.35 billion he diverted to buy houses in Lekki for himself and his sister using his front Agbele would have gone a long way to help out the workers he was owing salaries at the time. How can a thief that loots from his state and denies his citizens basic services, claim to care about people in other states.
I can never vouch for any of the useless corrupt leaders we have in this country.

Iamwrath:
Some people are being used but they don't know it


No way no how Fayose is going to jail after his tenure, he's trying to gather followers and sympathizers


But it won't work

He is running out of time,his immunity will soon expire.