Abuja - The Economic and Financial Crimes Commission (EFCC) has revealed details of its fraud case against Ekiti State Governor Ayodele Fayose.
According to a Naij report, an afidavit filed by the anti-graft agency alleges that N1.21 billion was paid out of N2.26 billion to the account of Slyvan Mcnamara Limited.
The company, which has suspected links to the son of former Defense Minister Musiliu Obinakoro, was allegedly traced to Fayose through a new generation bank.
The affidavit, which was filed in response to a suit instituted by the Governor, detailed how Fayose alleged received kickbacks from Ekiti contractors in the recent times.
The EFCC has since frozen accounts belonging to Fayose after a claim emerged that he had pocketed N2.21 billion for his election campaign in 2014.
The anti-graft agency has informed the court that Fayose had received kickbacks through Still Earth Ltd and Signachorr Nigeria Ltd and had in turn instructed the companies to acquire properties for his personal portfolio, Premium Times reports.
While commenting on the seizure of Fayose's accounts, a representative from the EFCC revealed that the action was taken in order to "prevent further dissipation of proceed of crimes."
Read more at Naij