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Fayose's 'best friend' arrested over N4.7 bn fraud

28 June 2016, 08:28

Abuja - The Economic and Financial Crimes Commission (EFCC) has reported the arrest of a man described as the best friend of Ekiti State Governor Ayodele Fayose.

According to a Punch report, Abiodun 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.

Also read: EFCC charges former Air Chiefs with N21bn fraud

“Agbele is an associate of Fayose. We are currently looking for him because he has a lot of explanations to make. He held some of the money in trust for Fayose,” the EFCC source said.

Reacting to the development, Fayose admitted that Agebele is a trusted friend who did transfer funds into his account.

Fayose has, however, refuted claims that the money was obtained illegally and insisted that funds came from private donations and the management of Zenith Bank, Daily Post reports.

Agbele's account with Zenith Bank has since been frozen by the EFCC, alongside accounts belonging to Fayose and his company.

Fayose has also come to Agbele's defense, strongly condemning the arrest of his friend.

Read more at Punch

- News24


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