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4bn Fraud: Fayemi Breaks Silence On EFCC Probe
4bn Fraud: Fayemi Breaks Silence On EFCC Probe
The immediate past Governor of Ekiti State and former Chairman of the Nigerian Governors’ Forum, Dr Kayode Fayemi, has refuted the claim that he is under probe by the Economic and Financial Crimes Commission over an alleged N4bn fraud.
Fayemi, in a statement on Friday by the Head of the Fayemi Media Office, Abuja, Mallam Ahmad Sajoh, said during his visit to the EFCC, “no such allegation was raised during his conversation” with officials of the anti-graft agency.
The statement, however, noted that all Fayemi did during the conversation with the officials of the EFCC in Ilorin, Kwara State, was respond to a frivolous petition from a group that was trying to soil his good name and image.
The statement read, “We would like to address the concerns surrounding the invitation and subsequent visit of Dr Kayode Fayemi, the immediate past governor of Ekiti State and former Chairman of the Nigerian Governors’ Forum, to the Ilorin Zonal Office of the Economic and Financial Crimes Commission.
“Last month, Dr Fayemi received an invitation from the Ilorin office of the EFCC regarding a money laundering petition against him. It was during the height of the preparations for the change of government, with many activities and programmes lined up as part of the event.
“A key member of the APC, Dr Fayemi was already committed to playing important roles at these events and his non-appearance would have impacted them significantly. Understanding the significance of his commitments at that time, Dr Fayemi duly notified the EFCC of his willingness to cooperate but requested a more suitable date for his appearance.”
The statement said, Fayemi, on Thursday, accompanied by his counsel, visited the EFCC office in Ilorin, and engaged in fruitful discussions with the investigators before being allowed to depart after a few hours.
It added, “We firmly believe that Dr Fayemi’s visit has provided answers to the agency’s inquiries regarding the petition. However, should there be a need for further clarification, Dr Fayemi stands ready to cooperate fully.
“We wish to note, too, that contrary to the news that made the rounds about a purported N4b fraud case against Dr Fayemi, no such allegation was raised in his conversation with the EFCC.
“All he did was respond to a frivolous petition from a faceless group, the so-called Ekiti Patriotic Coalition, which we strongly believed is a front for some anti-Fayemi politicians, who are trying to soil the former governor’s good name and image.”
The statement said throughout Fayemi’s tenure, he served the people of Ekiti State with utmost dedication and was renowned for his principled leadership.
“As governor, he consistently demonstrated a profound commitment to the welfare of the citizens, driving notable advancements in infrastructure development and attracting valuable investment opportunities to the state.
“We affirm that Dr Fayemi will continue to uphold the highest standards of integrity that he’s known for, and we trust that the truth will prevail in due course,” the statement said
*Jesam Michael Wins Double Honors at the Decentralized Intelligence 2024 V2 Summit*
The Decentralized Intelligence 2024 V2 Summit, a leading event in the fields of Blockchain, Web3, and AI, commenced today at the Civic Center, Lagos, drawing a large audience both in-person and online. Organized by the Blockchain Nigeria Users Group (BNUG), the two-day event was live-streamed, attracting thousands of viewers from around the globe.
The summit began with a welcome address from Mr. Chimezie Chuta, founder of BNUG. He introduced this year’s theme, “Intelligence Unleashed with Decentralization in Action,” emphasizing the transformative power of emerging technologies. In his speech, he remarked, “We live in an age where the convergence of disruptive technologies is not just changing the world – it’s rebuilding the foundation of how we interact, work, create, and exchange value. The decentralized future is not some distant dream; it’s happening now, and it’s up to all of us to be on the cutting edge of this revolution.”
He further highlighted the goals of the conference, saying, “This year, our goal is clear: to equip each of you—founders, builders, investors, and enthusiasts with actionable insights. We are diving deep into how Blockchain, Web3, and AI are transforming industries, from finance to supply chains, from digital identities to data privacy, all while making space for new business models that empower individuals over centralized institutions.”
The summit gained momentum with engaging presentations, including a notable session by Mr. David Oden and Mrs. Peace Mbui of Afriq Group of Companies. They spoke on “Real World Assets Tokenization and Economic Freedom (RWA),” delivering insights into how tokenization can enhance business transactions and economic growth. Their presentation captivated the audience, earning commendations from the event organizers.
One of the highlights of the summit was the awards ceremony, which celebrated excellence in the block chain industry. After an online voting process with 4,203 participants, Mr. Jesam Michael, CEO of Afriq Group of Companies, emerged as the winner of the “Exceptional Blockchain CEO and Team Leader of the Year” award. Additionally, Afriq Group of Companies received the “Most Impactful Crypto Community Award of the Year,” bringing the company a second prestigious accolade at the event.
In his acceptance speech, Mr. Jesam Michael expressed his gratitude for the recognition, dedicating the awards to the “Spartans” a term he uses to describe the passionate supporters of Afriq Group. He thanked the BNUG and all participants, reiterating his commitment to pushing the boundaries of innovation in blockchain and decentralized technologies.
As the Decentralized Intelligence 2024 V2 Summit continues, industry leaders, investors, and enthusiasts are set to explore further discussions and insights into the future of Blockchain, Web3, and AI, solidifying Lagos as a hub for technological advancement and innovation.
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