The Economic and Financial Crimes Commission, EFCC, on Monday, November
19th, opened its case against a former governor of Ekiti State, Ayodele
Fayose, who is being prosecuted for an alleged N2.2bn fraud before
Justice Mojisola Olatoregun of the Federal High Court sitting in Ikoyi,
Lagos . Fayose was arraigned alongside his company, Spotless Investment
Limited, on October 22, 2018 on an 11-count charge bordering on fraud
and money laundering to the tune of N2.2bn. The former governor is
facing trial in connection with N1.299bn and $5.3m out of the N4.65bn
slush funds allegedly shared by the Office of the National Security
Adviser, NSA, through a former Minister of State for Defence, Musiliu
Obanikoro.Fayose pleaded not guilty to the charges preferred against him
and was granted bail in the sum of N50m with one surety in like sum.
The Judge had adjourned to Monday, November 19, 2018 for the
commencement of trial.
In
the course of the sitting, a prosecution witness, Lawrence Akande, told
the court that one Abiodun Agbele informed him sometime in June 2014
that he had about N1.2 billion cash lodgement to make in Akure,Ondo
State.Akande, an employee of Zenith Bank Plc in charge of South West
comprising Ogun, Oyo and Osun States, further told the court that he
subsequently received a call from the first defendant in respect of the
same issue earlier discussed with him by Agbele."Since the lodgement was
in Akure, I had to call my colleague there to follow up on it. This is
all I know about it, " he added.When asked if he knew about the company,
Spotless Investment Limited, Akande, who was led in evidence by the
prosecution counsel, Rotimi Jacobs, SAN, stated that it was one of his
bank's customers at the Dugbe branch.
When
he was shown the account opening document of Spotless Nigeria Limited,
De Privateer Limited and Still Earth Limited as well as account document
of the first defendant, the witness confirmed the documents. They were
tendered and admitted in evidence as exhibita A-D by the court.When
asked where the account of the first defendant was domiciled, he said: "
It is not domiciled within my domain. "But from the documents before me
here, I can see Apapa", he said.Asked to state if the People's
Democratic Party, PDP, maintained an account with his bank, the witness
said so many parties, including PDP, had accounts with his bank.Under
cross-examination by counsel to the first defendant, Kanu Agabi, SAN,
the witness told the court that he made statements to the EFCC on June
6, 2016. He, however, said that he did not mention the first defendant
in his earlier statement. "I only mentioned him in my subsequent
statements to the EFCC ," he added.
When
the defence counsel told him that his evidence was based on what he was
told by his colleague, whom he said handled the transactions in Akure,
he responded that “I was told how the cash was processed.”He also stated
that he had sought patronage by the first defendant for opening of
government account with his bank in line with his responsibility of
looking for deposits.During cross-examination by counsel to the second
defendant, Olalekan Ojo, SAN, Akande confirmed to the court that a
person who is not a signatory to an account cannot make withdrawals from
such account."There are withdrawal limits in every account and where
withdrawals are to be made above the stipulated limits, it is reported
to the Nigeria Financial Intelligence Unit (NFIU) to investigate such
transaction," he further stated.When asked if his bank ever lodged any
report of suspicious transactions on the various company accounts, he
said: “We had no reason to do so."Also, when asked if he told the EFCC
that before the account opening of De Privateer, the sum of N200 million
was lodged in the account, he answered in the affirmative.When asked if
he was aware that the PDP organised a fund raiser before the election
and that political parties do organise fund raising, the witness said, "
It is not impossible. But I don’t know."Akande, who confirmed that he
had not had any dealing with the account of the second defendant, also
told the court that the CCTV installed in the bank usually captures
customers making lodgements in the bank, except it is faulty.A second
prosecution witness, Abiodun Oshodi, who is the Zonal Head of the bank
covering South West 2 comprising Ondo, Kwara and Ekiti, recalled some
developments in 2014 in relation to the case, saying, "I received a call
from my colleague (Akande) that Agbele would be coming to make some
lodgments and that I should organise a bullion van. I waited for Agbele
who arrived with one Sadiku and some escorts. Senator Musiliu Obanikoro,
the then Minister of State for Defence, and his aide, also accompanied
them. As soon as the aircraft arrived, I moved with the bullion van
towards the plane to evacuate the money."The total sum amounted to N1.2
billion. They were lodged into accounts supplied by Agbele. Others
include Spotless Nigeria Limited, De Privateer Limited as well as
personal account of former governor, Fayose. Some cash were taken to
Ado-Ekiti."When asked to look at the deposits in the account of Spotless
Limited from June 17 to Aug 4, 2014, Oshodi, who also supervises all
branches in the three localities, told the court that there was a
lodgment of N100 million on June 17. On June 23, there was a cash
lodgement of N49 milion. On June 24, there was a cash lodgement of
N200,000 while on August 4, there was a cash lodgement of N40
million."On same August 4, there were also cash lodgements in the sums
of N35 million, N35 million, N24 million, N20 million and N14 million
respectively," he added.The witness told the court that Agbele made the
deposit on June 17.He, however, said that from the statement before him,
the depositor's name on August 4 was given as Ayo.A third prosecution
witness, Olaitan Fajuyitan, a banker in Diamond Bank, told the court
about the involvement of the bank in the transaction, saying , "We
received payment instructions on June 16, 2014 to pay cash of N1.2bn. We
then moved the funds to CITS account. On the same process on June 17,
2014, we paid N200 millon."The account details, account statement and
instructions were tendered and admitted as exhibit E.He confirmed to
court that the money was legitimate, since it was received from the
Office of the National Security Adviser NSA, through the Central Bank of
Nigeria, CBN.PW3 mentioned the beneficiaries of disbursement funds as:
Santuraki Bello( N200m); Yusuf Ulama (N120m); Chmenun Injoku( N250m);
Josaha Moses( N250m); Abubaka Sodiq Zanna (N200m) and Franklin Tolani
(N150m), respectively.Also, the fourth prosecution witness, PW4, Damola
Otuyemo, Head, Cash in Transit in Service, Diamond Bank, said his duties
involved evacuating cash from a bank that has surplus and supplying
banks that do not have enough.He said on June 16, 2014, his Director,
Premier Oiwoh, informed him that they needed to pay a sum of N1.2bn cash
to a customer, and that he should get the cash ready.He said because
the beneficiaries were not available to pay the cash to, he was told by
his Director to move the cash to the airport.He said: "We had to contact
a company that operates bullion vans and moved the cash to the Muritala
Muhammed Airport, Ikeja, Lagos ."On getting to the Airport, we could
not have access to enter. So, my Director spoke to Gbolahan Obanikoro,
who was described as the person that could help us to proccess the pass.
He did and we then entered. After, this Musilu Obanikoro was phoned and
the cash was handed over to him. Obanikoro told me not to evacute the
cash because it had to be loaded in aircraft", he saidGiving further
evidence, he said: " The whole cash was moved into the aircraft and they
left the airport."We did not see the six beneficiaries. We released the
cash to Mr Musilu Obanikoro, having been identified by my Director. It
was Obanikoro who signed for the money. On June 17, 2014, my Director
called me and instructed that I pay a sum of N200m to Malik Bauchi. He
said we should waive identification."But because the amount was too
much, we did not waive the identification, and the money was paid to
Obanikoro. They used a cash bag called "jumbo bags" to pack N1.2bn and
Ghana- must-go bags to pack N200m. The cash was handed over to Musliu
Obanikoro".Justice Olatoregun adjourned the matter to January 21 and 28,
2019 for continuation of trial. The post
N2.2bn Fraud: EFCC presents four witnesses against Ex-Ekiti governor, Ayo Fayose.
