Politics
N2.2bn Fraud: EFCC presents four witnesses against Ex-Ekiti governor, Ayo Fayose
The Economic and Financial Crimes Commission, EFCC, on Monday, November 19th, opened its case against a former governor of Ekiti State, Ayodele Fayose, who is being prosecuted for an alleged N2.2bn fraud before Justice Mojisola Olatoregun of the Federal High Court sitting in Ikoyi, Lagos .
Fayose was arraigned alongside his company, Spotless Investment Limited, on October 22, 2018 on an 11-count charge bordering on fraud and money laundering to the tune of N2.2bn.
The former governor is facing trial in connection with N1.299bn and $5.3m out of the N4.65bn slush funds allegedly shared by the Office of the National Security Adviser, NSA, through a former Minister of State for Defence, Musiliu Obanikoro.
Fayose pleaded not guilty to the charges preferred against him and was granted bail in the sum of N50m with one surety in like sum. The Judge had adjourned to Monday, November 19, 2018 for the commencement of trial.
In the course of the sitting, a prosecution witness, Lawrence Akande, told the court that one Abiodun Agbele informed him sometime in June 2014 that he had about N1.2 billion cash lodgement to make in Akure,Ondo State.
Akande, an employee of Zenith Bank Plc in charge of South West comprising Ogun, Oyo and Osun States, further told the court that he subsequently received a call from the first defendant in respect of the same issue earlier discussed with him by Agbele.
“Since the lodgement was in Akure, I had to call my colleague there to follow up on it. This is all I know about it, ” he added.
When asked if he knew about the company, Spotless Investment Limited, Akande, who was led in evidence by the prosecution counsel, Rotimi Jacobs, SAN, stated that it was one of his bank’s customers at the Dugbe branch.
When he was shown the account opening document of Spotless Nigeria Limited, De Privateer Limited and Still Earth Limited as well as account document of the first defendant, the witness confirmed the documents. They were tendered and admitted in evidence as exhibita A-D by the court.
When asked where the account of the first defendant was domiciled, he said: ” It is not domiciled within my domain. “But from the documents before me here, I can see Apapa”, he said.
Asked to state if the People’s Democratic Party, PDP, maintained an account with his bank, the witness said so many parties, including PDP, had accounts with his bank.
Under cross-examination by counsel to the first defendant, Kanu Agabi, SAN, the witness told the court that he made statements to the EFCC on June 6, 2016. He, however, said that he did not mention the first defendant in his earlier statement. “I only mentioned him in my subsequent statements to the EFCC ,” he added.
When the defence counsel told him that his evidence was based on what he was told by his colleague, whom he said handled the transactions in Akure, he responded that “I was told how the cash was processed.”
He also stated that he had sought patronage by the first defendant for opening of government account with his bank in line with his responsibility of looking for deposits.
During cross-examination by counsel to the second defendant, Olalekan Ojo, SAN, Akande confirmed to the court that a person who is not a signatory to an account cannot make withdrawals from such account.
“There are withdrawal limits in every account and where withdrawals are to be made above the stipulated limits, it is reported to the Nigeria Financial Intelligence Unit (NFIU) to investigate such transaction,” he further stated.
When asked if his bank ever lodged any report of suspicious transactions on the various company accounts, he said: “We had no reason to do so.”
Also, when asked if he told the EFCC that before the account opening of De Privateer, the sum of N200 million was lodged in the account, he answered in the affirmative.
When asked if he was aware that the PDP organised a fund raiser before the election and that political parties do organise fund raising, the witness said, ” It is not impossible. But I don’t know.”
Akande, who confirmed that he had not had any dealing with the account of the second defendant, also told the court that the CCTV installed in the bank usually captures customers making lodgements in the bank, except it is faulty.
A second prosecution witness, Abiodun Oshodi, who is the Zonal Head of the bank covering South West 2 comprising Ondo, Kwara and Ekiti, recalled some developments in 2014 in relation to the case, saying, “I received a call from my colleague (Akande) that Agbele would be coming to make some lodgments and that I should organise a bullion van. I waited for Agbele who arrived with one Sadiku and some escorts. Senator Musiliu Obanikoro, the then Minister of State for Defence, and his aide, also accompanied them. As soon as the aircraft arrived, I moved with the bullion van towards the plane to evacuate the money.
“The total sum amounted to N1.2 billion. They were lodged into accounts supplied by Agbele. Others include Spotless Nigeria Limited, De Privateer Limited as well as personal account of former governor, Fayose. Some cash were taken to Ado-Ekiti.”
When asked to look at the deposits in the account of Spotless Limited from June 17 to Aug 4, 2014, Oshodi, who also supervises all branches in the three localities, told the court that there was a lodgment of N100 million on June 17. On June 23, there was a cash lodgement of N49 milion. On June 24, there was a cash lodgement of N200,000 while on August 4, there was a cash lodgement of N40 million.
“On same August 4, there were also cash lodgements in the sums of N35 million, N35 million, N24 million, N20 million and N14 million respectively,” he added.
The witness told the court that Agbele made the deposit on June 17.
He, however, said that from the statement before him, the depositor’s name on August 4 was given as Ayo.
A third prosecution witness, Olaitan Fajuyitan, a banker in Diamond Bank, told the court about the involvement of the bank in the transaction, saying , “We received payment instructions on June 16, 2014 to pay cash of N1.2bn. We then moved the funds to CITS account. On the same process on June 17, 2014, we paid N200 millon.”
The account details, account statement and instructions were tendered and admitted as exhibit E.
He confirmed to court that the money was legitimate, since it was received from the Office of the National Security Adviser NSA, through the Central Bank of Nigeria, CBN.
PW3 mentioned the beneficiaries of disbursement funds as: Santuraki Bello( N200m); Yusuf Ulama (N120m); Chmenun Injoku( N250m); Josaha Moses( N250m); Abubaka Sodiq Zanna (N200m) and Franklin Tolani (N150m), respectively.
Also, the fourth prosecution witness, PW4, Damola Otuyemo, Head, Cash in Transit in Service, Diamond Bank, said his duties involved evacuating cash from a bank that has surplus and supplying banks that do not have enough.
He said on June 16, 2014, his Director, Premier Oiwoh, informed him that they needed to pay a sum of N1.2bn cash to a customer, and that he should get the cash ready.
He said because the beneficiaries were not available to pay the cash to, he was told by his Director to move the cash to the airport.
He said: “We had to contact a company that operates bullion vans and moved the cash to the Muritala Muhammed Airport, Ikeja, Lagos .
“On getting to the Airport, we could not have access to enter. So, my Director spoke to Gbolahan Obanikoro, who was described as the person that could help us to proccess the pass. He did and we then entered. After, this Musilu Obanikoro was phoned and the cash was handed over to him. Obanikoro told me not to evacute the cash because it had to be loaded in aircraft”, he said
Giving further evidence, he said: ” The whole cash was moved into the aircraft and they left the airport.
“We did not see the six beneficiaries. We released the cash to Mr Musilu Obanikoro, having been identified by my Director. It was Obanikoro who signed for the money. On June 17, 2014, my Director called me and instructed that I pay a sum of N200m to Malik Bauchi. He said we should waive identification.
“But because the amount was too much, we did not waive the identification, and the money was paid to Obanikoro. They used a cash bag called “jumbo bags” to pack N1.2bn and Ghana- must-go bags to pack N200m. The cash was handed over to Musliu Obanikoro”.
Justice Olatoregun adjourned the matter to January 21 and 28, 2019 for continuation of trial.
Breaking: Speaker Obasa Debunks Allegation Of Spending N17b On Assembly Gate
The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, on Thursday described the allegation that the House spent N17 billion on the fixing of a gate as spurious and funny.
A self-proclaimed group, Lagos State Anti-Corruption Coalition, had accused the Assembly of spending the amount to construct a gate. The group also sought investigation of the claim.
Speaking at plenary, Dr. Obasa said the allegation stemmed from the fear of some people over 2027 which is still more than two years away.
Obasa further debunked the claim that the House spent N200 million on its recently organised 22nd thanksgiving service for staff.
“It is so funny. How much is the allocation of the Assembly in the whole year that we will decide to spend N17 billion on a gate? They even claimed that we expended 200 million on thanksgiving that did not hold.
“We are aware that at a period like this when we are approaching elections in 2027, we should expect such things. I think some people are scared and I don’t know why.
“This House did not and has not embarked on any such project. We are not that reckless. We had our thanksgiving last Friday and dignitaries from various parts of the State attended it,” the Speaker said.
Addressing further claims by the group about the alleged relationship between him and the chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, the Speaker denied attending the latter’s screening and confirmation by the National Assembly.
“They said that I was at the National Assembly when they were confirming the EFCC chairman. I want to believe that there are CCTV cameras at the National Assembly to identify those who attended the event. The press must have written about it too. So the group should do more to confirm if I was there.
“This is just to deny the allegations in the interest of the public and not the writers because the writers are not those we should be joining words with,” the Speaker said.
Earlier, the House, through its spokesperson, Hon. Stephen Ogundipe, had addressed the allegations noting that the Assembly bases its activities on integrity, transparency and accountability.
“It is ludicrous the claim about constituency intervention funds and constituency project funds and their handling by Speaker Mudashiru Obasa and Clerk of the House, Barr. Olalekan Onafeko as claimed by the group.
“One would have expected a self-acclaimed anti-corruption crusading group to do its groundwork before jumping across the fence with conviction that it hit a jackpot to malign an institution of repute in the name of politics.
“Simply put, the Lagos State House of Assembly does not have any such funds. The Assembly does not embark on constituency projects. Instead, once every year, the House holds stakeholders’ meetings simultaneously across the state where constituents have the opportunity to tell the lawmakers their expectations and make requests for the betterment of the state.
“These requests and expectations are compiled and sent to the executive arm of government for consideration as inputs in subsequent budgets. If this is what the group takes as constituency intervention or project funds, we are sure this explanation has given the required education, moreover, it is common knowledge that it is the responsibility of the Executive arm to execute such projects,” the earlier statement by Ogundipe read.
Eromosele Ebhomele
Chief Press Secretary to the Speaker of the Lagos State House of Assembly.
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