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Court grants Fayose’s ally bail over N1.2bn fraud

21 July 2016, 13:30

Abuja - A High Court of the Federal Capital Territory, Maitama, Abuja, on Thursday ordered the release of an ally of Governor Ayo Fayose of Ekiti State, Abiodun Agbele‎, who has been in the custody of the Economic and Financial Crimes Commission since June 27, Punch reports.

Agbele was arrested by the EFCC in Lagos on June 27 and has since been detained for his roles in the handling of over N1.2bn on behalf of Fayose during the Ekiti State governorship election in 2014.

Justice Olukayode Adeniyi in a ruling on the suspect’s bail application, declared the continued detention of the suspect since then without being charged to court and without the backing of any competent remand order amounted to a “gross violation” of his right.

News24 previously reported that Agbele was apprehended over his alleged involvement in the handling of over N1.219 billion during Fayose's governorship campaign in 2014.

The money, said to have been siphoned from the account of the Office of the National Security Adviser, was reportedly transferred into a bank account registered in the name of a company owned by the sons of former Defence Minister Musiliu Obanikoro.

Agbele is alleged to have collected the funds on behalf of Fayose and then transferred the money into a bank account belonging to the Ekiti State Governor.

- News 24


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