₦airaland Forum

The Economic and Financial Crimes Commission on Friday named Mrs. Folashade Oke as the owner of Flat 7B, No. 13, Osborne Road, Osborne Towers, Ikoyi, Lagos, where the sums of $43,449,947, £27,800 and N23, 218,000 were recently recovered by the Economic and Financial Crimes Commission.


Mrs. Oke is the wife of the suspended Director General of the National Intelligence Agency, Amb. Ayo Oke, whose agency had laid claim to the money.

According to the EFCC, Mrs. Oke made a cash payment of $1.658m for the purchase of the flat between August 25 and September 3, 2015.

She was said to have purchased the property in the name of a company, Chobe Ventures Limited, to which she and her son, Master Ayodele Oke Junior, were directors.

Payment for the purchase of the flat was said to have been made to one Fine and Country Limited.

The EFCC stated that Mrs. Oke made the cash payment in tranches of $700,000, $650,000 and $353,700 to a Bureau de Change company, Sulah Petroleum and Gas Limited, which later converted the sums into N360,000,000 and subsequently paid it to Fine and Country Limited for the purchase of the property.


The EFCC on Friday tendered the receipt issued by Fine and Country Limited to Chobe Ventures Limited as an exhibit before the Federal High Court in Lagos, where it is seeking an order of final forfeiture of the recovered money to the Federal Government.

“The circumstances leading to the discovery of the huge sums stockpiled in Flat 7B, Osborne Towers leaves no one in doubt that the act was pursuant to an unlawful activity.

alizma:
Where are those 3-parrot, Wike, Fayose and FFK?

U mean those hopeless Bastards right?

Gravas:
$1.6M was converted to N360,000 000! Just look at that figure.

Gravas:
$1.6M was converted to N360,000 000! Just look at that figure.

Gravas:
[s]$1.6M was converted to N360,000 000! Just look at that figure.[/s]

Jaabioro:
If corruption to be taken as courses, the research team should start from Nigeria.Take some our past and present politicians as a case study, when it's time for her students project most of the question for the students should be microscopic study of corruption in Nigeria ...I have lost hope 9ja of been redeemed from her corrupted way life ..

SillyMods:
Jonathan was a fool. He's still a fool. And he will forever remain a fool.

Make im fellow docile buffoons come beat me. I dey my house dey wait them.