The anti-corruption commission filed an affidavit which contains details of how N1.21 billion out of N2.26 billion paid into bank account of Slyvan Mcnamara Limited, a company linked to the sons of the ex-Minister of State of Defence, Musiliu Obanikoro, was traced to Mr. Fayose’s accounts in Zenith Bank.
It was disclosed in law court, a detail of how Governor Fayose was receiving kickbacks worth billions from Ekiti contractors, as he filed a suit at a Federal High Court in Ado-Ekiti, seeking an order directing the EFCC to unblock his accounts at Zenith Bank.
The EFCC had frozen the governor’s account after it claimed the N1.21 billion was paid into the governor’s account for the prosecution of his election in 2014.
Details of Money Laundering Allegations Against Governor Fayose
Tosin Owobo, an operative of the EFCC, who deposed the written affidavit, told the court that Babajide, one of the sons of the former defence minister was the principal signatory of Sylvan Mcnamara. He explained that former Minister Obanikoro conveyed the money himself to Akure, Ondo State, to Mr. Fayose.
He said that prior to Mr. Obanikoro’s arrival in Akure, Alade Oluseye, a staff of Zenith Bank, had informed his colleague, Lawrence Akande, that the money was being brought through the Akure Airport for lodgement and since the volume of the cash was huge, he would be needing a bullion van to convey the money.
According to Mr. Owobo, on June 17, 2014, Mr. Oluseye, accompanied by Biodun Agbele, who was supposedly fronting for Mr. Fayose, arrived the Akure airport and took delivery of N724,500,000.00 from Mr. Obanikoro who was with his ADC, Lieutenant Colonel A.O Adewale.
The EFCC official also claimed that the next day, N494, 990,000.00 was delivered by Mr. Obanikoro in the same manner at the airport. He said in all, Mr Obanikoro, a former senator, conveyed N1, 219,490,000.00 through a chartered aircraft belonging to GYRO AIR Limited with registration number: HS125-800 5N-BMT.
After Alade Oluseye, the anti-graft agent said an employee of Zenith Bank took delivery of the money from Mr. Obanikoro, on June 19, 2014, Biodun Agbele, whom he claimed was a front for Mr. Fayose, was instructed by the governor to deposit N219million in cash to De-privateer Limited’s Zenith Bank account number: 1013835889.
Mr. Owobo’s statement to the court reads:
“On the same day the said Biodun Agbele made another cash deposit in the sum of N300million being part of the proceeds of crimes to the said De- privateer Ltd’s with the 2nd Respondent,” Mr Owobo told the court.
“On the 23rd June, 2014 the sum of N200, 000,000.00 (Two Hundred Million Naira) being part of these proceeds of crime, was also deposited to the said De-Privateer Ltd’s account domiciled with the Respondent by Biodun Agbele whilst acting in concert with the Applicant.
“On the 26th day of June,2014 the said Biodun Agbele on the instruction of Applicant further dissipated the proceeds of crime by depositing the sum of N137,000,000.00 (One Hundred and Thirty Seven Million Naira) to account No. 1003126654 domiciled with the 2nd Respondent in the name of the Applicant.
“On the 22nd and 27th day of August, 2014 Biodun Agbele also deposited the sum of N50, 000,000.00 (Fifty Million Naira) and N118, 760,000.00 (One Hundred and Eighteen Million, Seven Hundred and Sixty Thousand Naira) respectively to the said account which sum formed part of the proceeds of crime.
“In further dissipating the proceeds of crime deposited and retained in the account referred to in paragraphs (d) and (g) above, the sum of N300,000,000.00 (Three Hundred Million Naira) was put in a fixed deposit account No. 9013074033 in the name of the Applicant on the 7th day of April,2015.”
“On June 17, 2014, Mr. Agbele deposited N100 million to the account of Spotless Investment Limited, owned by Mr Fayose, with Zenith Bank (number: 1010170969). On June 23, 2014, he also deposited N49 million to the account of Spotless Investment.”
He said there was a balance of N89,454,765.00 in the account before it was frozen. Mr. Owobo revealed that during interrogation, Mr. Oluseye and Akande made confessional statements about how the transactions were done.
Kickbacks and Bribes Collected by Governor Fayose from Ekiti State Contractors
EFCC informed the court that apart from the money he allegedly received from Mr. Obanikoro, Mr. Fayose was in the habit of collecting gratification and kickback from Ekiti State contractors, including Samchese Nigeria Ltd, Tender Branch Concept Nig. Ltd, Hoff Concept Ltd, and Calibre Consulting Ltd.
The respondent explained that Governor Fayose received the kickback through Still Earth Ltd and Signachorr Nigeria Ltd and in turn instructed the companies to acquire properties for him.
For instance, Mr. Owobo said the companies bought properties using the name of J.J Technical Services Limited, a company owned by Governor Fayose and his wife.
He added that in another instance, Mr. Fayose used the name of his sister, Moji Ladeji, to buy a property located at No.44, Osun Crescent Maitama Abuja.