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Fayose Bought N1.35B Properties Under Six Months In Office – EFCC
Views: 682  |  Comments: 0 |  Posted: 09:05 Thu, 07 Jul 2016
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Replies: 39
Posted on: 09:05 Thu, 07 Jul 2016



Detectives have uncovered how
Ekiti State Governor Ayodele
Fayose bought N1.35billion
properties within six months in
office. The five properties include
four duplexes in Lagos and one in
Abuja.

The Economic and Financial Crimes
Commission (EFCC) has summoned
three more people for quizzing on
Friday in respect of the ongoing
investigation of the governor.

One of those invited, Oyin
Daramola, who is an estate agent, is
said to have told the EFCC team
that she did a legitimate business.

She said she had never been
fraudulent in all her business
transactions.

Besides, Dramola, two others are to
present evidence of their business
fidelity.

Ahead of the Friday session, the
anti-graft agency has relocated
Fayose’s associate, Abiodun Agbele,
from Lagos to Abuja.

The governor was inaugurated on
October 16, 2014 but by April 2015,
he had acquired the properties in
Lagos and Abuja.

The four duplexes, which were
bought at $1.3m each, are located
on Tiamiyu Savage Street on
Victoria Island in Lagos. Each of
the mansions is a four-bedroom
duplex.

According to EFCC’s findings, while
chalets 3 and 4 were purchased
through Siqnathor, chalets 6 and 9
were owned by Noga Hotel The fifth
duplex was bought from the Skye
Bank Plc at N200million.

Although the transactions were
handled by Still Earth belonging to
Oyin Daramola, the governor has
refused to pay estate agency fees up
till the time of filing this report.

Instead, he offered to pay fees
through the award of contracts to
the estate agent in Ekiti State to
defray the commission on the five
properties. Agbele allegedly
brokered the deals.

Another source, who was privy to
the preliminary investigation, said:
“They approached Oyin Daramola
through Abiodun Agbele whom she
knew in Ibadan.

“Upon seeing Agbele who came to
seek assistance to buy the four
duplexes in Lagos, it was obvious
he was looking so poor and could
not afford the huge cost.

“Agbele then said his friend, who
wanted the duplexes, will call her.

It was then Fayose later called Oyin
Daramola. We have the call logs
and the transcript of the
conversation or negotiation
already.

“Investigation confirmed that
Fayose did not pay the agency fees
but only offered to give contracts to
Still Earth belonging to Daramola
in Ekiti State to pay the required
fees.

“Unknowingly, he wanted to award
the contracts for kick-back to
feather his nest.”

For questioning are Daramola of
Still Earth, her former accountant
and a consultant, simply called
Titilayo of Philberth company.

“We are going to interact with
these three people on Friday as part
of the ongoing investigation of the
governor.

We had a preliminary interface
with Daramola, who was innocently
manipulated by Agbele and the
governor for a legitimate business,”
the EFCC source said.

Daramola reportedly told the EFCC
team: “I did legitimate business, I
am not fraudulent. I don’t do dirty
business deals.

“You can check my background and
business records, I have never been
involved in shady transactions.

Even the purchase of the duplexes, I
made sure every process is
documented without cutting
corners. I have no cause to live a
dubious life.”
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