Court Freezes Governor Ayodele Fayose’s Bank Accounts
The Court of Appeal has frozen two Bank accounts belonging to the Governor of Ekiti State, Mr Ayodele Fayose.
The court gave the order, following the charges by the Economic and Financial Crimes Commission, EFCC that the accounts were being used to keep proceeds of crime.
The judgment of the Federal High Court, Ado-Ekiti, which ordered the bank to unfreeze the accounts was upturned on Thursday by the three-man panel, led Justice Joseph Shagbaor Ikyegh.
Other members of the panel are Justice Mohammed Mustapha and Justice Boloukurumo Moses Ugo.
The judgment of the lower court, which unblocked the accounts, was delivered by Justice Taiwo Taiwo on December 13, 2016.
Recalled that immediately the accounts were released, the governor transferred N75 million to his lawyer, Chief Mike Ozekhome (SAN) and withdrew N5 million for personal use.
Dissatisfied with the Ado-Ekiti Federal High Court’s verdict, the EFCC filed an appeal at the appellate court on three grounds.
Fayose is covered by immunity from prosecution but as EFCC put it, the governor’s bank accounts could be frozen if found to contain proceeds of crime.