Tuesday, June 21, 2016

How Fayose Stole Ekiti Money And Kept In Secret Accounts

Facts are at last coming out of how Governor Ayodele Fayose stole Ekiti State money and kept it in the accounts of trusted cronies after putting them on oath.


Informed sources told The Monitors that Fayose stole from many sources in a heartless raid on Ekiti State resources to amass wealth for private comfort while deliberately refusing to pay workers' salaries for five months, even though he received allocations for the same period, including collecting N9.6b bailout, Ecological Fund, CBN loan on SMEs, refunds on federal roads, charges on banks for community social responsibility and various suffocating taxes that Fayose kept in accounts that are unknown to government's financial system.
Impeccable sources said a multiple tracking of Fayose's assets was conducted by security and anti-corruption agencies that came with a damning revelation of a massive looting of Ekiti State.
Fayose himself got a hint of the security agencies' findings, which propelled him to address a press conference in Abuja yesterday where he sought to blackmail the security agencies for doing their job.
Just as Nigerians were waiting to see what would happen to him as alleged in his press conference, Fayose got the shock of his life this afternoon that his account with Zenith Banki had been frozen by the EFCC. He ran berserk after learning that the EFCC had frozen his account. One hour after EFCC froze his Account, Fayose stormed Zenith Bank, refusing to leave the bank until he was paid. 


The Monitors gathered that Fayose first sent one of his aides to the bank to withdraw some amount of money but the cheque was not honoured. Sensing danger, Fayose hurried to the bank with his full entourage only to be told that he could not withdraw a dime from his account as it had been frozen. 
Fayose went into a frenzy, threatening fire and brimstone but the bank officials were helpless and told him they couldn't do anything to  help as the order to freeze was beyond them. Fayose immediately addressed the press at the bank premises calling President Muhammad Buhari unprintable names and shouting that the EFCC acted illegally by freezing his account as a sitting governor who enjoys immunity.  


As we write, The Monitors can confirm that Fayose is still at the premises of Zenith Bank, Ado Ekiti, vowing never to leave the bank until he collects his money.
While Fayose fumes over failure to withdraw his money in just one hour in a reckless display of selfishness and wickedness while workers are unpaid for six months, The Monitors gathered that about  N4billion  was found in Fayose's personal account while that of his son, Rogba Fayose, contains about N200 million; all frozen.
It was gathered that Fayose kept his loot in the accounts of cronies after putting them on oath.
For instance, Fayose kept N500m in the account of one Jumoke, a waiter at his Spotless Hotel, Ado-Ekiti. He kept N2billion in the account of his friend called Abbeys while his former Commissioner for Finance, Kayode Oso went away with Fayose's  N500m when both deceived Ekiti people that the commissioner resigned over health challenges. Oso is now back, feigning ill-health and walking on crutches to deceive Ekiti people that he was actually sick.
Besides cash traced to Fayose, his multi-billion naira hotel in Dubai has been discovered by the EFCC.
Sources told The Monitors that one of his backers who facilitated his election but who he later defrauded was instrumental to the Dubai hotel discovery and reported to EFCC. While Fayose cleverly kept his loot in cronies' accounts, he kept just N1b in his own account while he kept N200 million in his son's (Rogba) account.

The Monitors will keep you posted as more information is available.

Culled from :  The Monitors, June 20, 2016 

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