The Economic and Financial Crimes Commission (EFCC) has ‘flagged’ the Zenith Bank account of Ekiti State Governor, Ayodele Fayose.

While confirming the development, the Economic and Financial Crimes Commission, debunked the claim that Governor Ayo Fayose of Ekiti State cannot be investigated because of immunity currently being enjoyed by him.

The commission said that the immunity being enjoyed by any governor does not prevent the commission from investigating suspicious movements of money into his accounts.

The Spokesman for the EFCC, Wilson Uwujaren told our correspondent that the anti-graft agency has the right to investigate any governor whose account is being used to move funds.
“Immunity does not prevent EFCC from investigating suspicious accounts of those enjoying immunity and Fayose cannot be an exception, “the commission said.

In his reaction, the governor, who spoke to reporters in Ado-Ekiti on Monday at the premises of the bank, said he had information that the accounts of some of his associates were also affected.

“It was ‎when I got a hint of their move that I wrote a cheque to withdraw some money from the account and I came myself. I was denied access to the account as I was told the EFCC has placed restriction on it. That is executive rascality taken too far. Even when I had a case with the EFCC, my properties were not affected.

“If they say they are investigating money spent on election, does it mean it is only Peoples Democratic Party (PDP) that spent money on election? A lot of people and groups supported my campaign then. Where did APC and their leaders get the money they spent on 2015 general elections from? Now it is only in PDP that they find thieves, to them there are no thieves in the APC.

Informed sources told our correspondent that Fayose allegedly misappropriated Ekiti State resources to amass wealth for private comfort while deliberately refusing to pay workers’ salaries for five months, even though he received allocations for the same period, including collecting N9.6b bailout, Ecological Fund, CBN loan on SMEs, refunds on federal roads, charges on banks for community social responsibility and various suffocating taxes that Fayose kept in accounts that are unknown to government’s financial system.
Impeccable sources said a multiple tracking of Fayose’s assets was conducted by security and anti-corruption agencies that came with a damning revelation of a massive looting of Ekiti State.
Fayose himself got a hint of the security agencies’ findings, which propelled him to address a press conference in Abuja on Sunday where he sought to blackmail the security agencies for doing their job.

Just as Nigerians were waiting to see what would happen to him as alleged in his press conference, Fayose got the shock of his life on Monday afternoon that his account with Zenith Banki had been frozen by the EFCC. He ran berserk after learning that the EFCC had frozen his account. One hour after EFCC froze his Account, Fayose personally stormed Zenith Bank, refusing to leave the bank until he was paid.


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