Thursday, 7 July 2016

BREAKING NEWS! EFCC Discovers N1.35billion Properties (five Duplexes in Lagos and Abuja) Fayose Bought

The Economic and Financial Crimes Commission (EFCC) has traced a N1.35billion properties traced to the governor of Ekiti state, Ayodele Fayose.

Investigation by the Economic and Financial Crimes Commission (EFCC) showed how Ayodele Fayose, Ekiti state governor purchased N1.35billion properties under six months in office he assumed office.

According to, it was revealed that the properties were acquired under six months when Fayose assumed office as Ekiti state governor. The five properties bought by Fayose are four duplexes in Lagos and one in Abuja, the federal capital territory.

The anti-graft agency has called upon three more people for interrogation on Friday, July 8 in respect to the ongoing investigation of Governor Fayose. One of those invited is one Oyin Daramola, who is an estate agent. Daramola was said to have told the EFCC men that she did a legitimate transaction. She said she had never been fradulent practices in all her business transactions. Besides the estate agent, two other people are to present evidence on the legitimacy of their business.

Remember Fayose was inaugurated as Ekiti State Governor on October 16, 2014, but by April 2015, he had acquired the properties in Lagos and Abuja. Recently also, Gov. Fayose Personal Zenith Account was Frozen by EFCC.

The four duplexes, which were bought at $1.3m each, are located on Tiamiyu Savage Street on Victoria Island in Lagos. Each of the mansions is a four-bedroom duplex.
According to EFCC’s findings, while chalets 3 and 4 were purchased through Siqnathor, chalets 6 and 9 were owned by Noga Hotel.

The fifth duplex was bought from the Skye Bank Plc at N200million. Although the transactions were handled by Still Earth belonging to Oyin Daramola, the governor has refused to pay estate agency fees up until the time of filing this report. Instead, he offered to pay fees through the award of contracts to the estate agent in Ekiti State to defray the commission on the five properties. Agbele allegedly brokered the deals.

Another source, who was privy to the preliminary investigation, said: “They approached Oyin Daramola through Abiodun Agbele whom she knew in Ibadan. “Upon seeing Agbele, who came to seek assistance to buy the four duplexes in Lagos, it was obvious he was looking so poor and could not afford the huge cost". Agbele then said his friend, who wanted the duplexes, will call her. It was then Fayose later called Oyin Daramola. We have the call logs and the transcript of the conversation or negotiation already.

“Investigation confirmed that Fayose did not pay the agency fees but only offered to give contracts to Still Earth belonging to Daramola in Ekiti State to pay the required fees. 
“Unknowingly, he wanted to award the contracts for kick-back to feather his nest.”

For questioning are Daramola of Still Earth, her former accountant and a consultant, simply called Titilayo of Philberth company.

“We are going to interact with these three people on Friday as part of the ongoing investigation of the governor. We had a preliminary interface with Daramola, who was innocently manipulated by Agbele and the governor for a legitimate business,” the EFCC source said.

Daramola reportedly told the EFCC team:  “I did legitimate business, I am not fraudulent. I don’t do dirty business deals. “You can check my background and business records; I have never been involved in shady transactions. Even the purchase of the duplexes, I made sure every process is documented without cutting corners. I have no cause to live a dubious life.”

More details soon…

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