Appeal Court freezes Fayose's account

Fayemi Olusola

Fayemi Olusola

66 billion, is reasonably suspected to be proceed of crime.

"Don't forget that Fayose's associate has been charged to court".

According to Leadership, when contacted, the EFCC spokesman, Wilson Uwujaren, declined to comment on the recovery of houses linked to Fayose, but he admitted that "the commission is handling a matter of diversion of funds where his name was mentioned." .

A Federal High Court, in Lagos, Thursday, struck out a suit by the Economic and Financial Crimes Commission, EFCC, seeking to compel Patience Jonathan and six others to forfeit to the Federal Government, the sum of $5, 316.

The Court of Appeal sitting in Ado-Ekiti yesterday upturned the judgement of the Federal High Court which unfroze Governor Ayo Fayose's two accounts at Zenith Bank.

The Appellate Court has now ruled in the favour of the EFCC.

Appeal Court, in a unanimous ruling delivered by Justice Fatima Omoro Akinbami, on the ground that EFCC did not attach notice of appeal and the ruling of Federal High Court Ado Ekiti.

On Monday, the EFCC had filed an application before the court to adduce fresh evidence but the court turned down the motion.

Fayose withdrew N5 million from one of the accounts immediately and transferred the sum of N75 million to his lawyer, Chief Mike Ozekhome (SAN).

On the foregrounds, Justice Taiwo vacated ordered that the governor's accounts be de-frozen due to suppression of facts by the EFCC.

The trial judge, Justice Mojisola Olatoregun, struck out the suit at the instance of the EFCC, which had applied to the court to strike out the suit.Other beneficiaries of the ruling are five firms, which were having N7.418 billion and one Esther Oba, who is said to be having $429.381 million.

Based on Ozekhme's argument, Justice Taiwo ordered that the Governor's accounts be unfrozen, agreeing that there was a suppression of facts by the EFCC. Social Democratic Party (SDP), which states in Section 308 of the Constitution that the sitting governor can be investigated, only that he cannot be prosecuted or invited for interrogation.

Last week Friday, Justice Olatoregun had struck out the Commission's ex-parte application for the seizure of certain funds belonging to Mrs Jonathan after holding that the issue was already a subject of litigation before two other judges, Justice Murtala-Nyako and Justice John Tsoho, both of the Federal High Court, Abuja.

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