Politics Arms Deal: Fayose's Mansions to be Seized by EFCC- PUNCH

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LequteMan

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The EFCC is set to seize the properties Ekiti state governor, Ayo Fayose, reportedly bought with N1.2bn illegally gotten from the office of the National Security Adviser, Punch reports.

The houses to be seized are four duplexes on Victoria Island in Lagos State and one located at 44 Osun Crescent, Maitama, Abuja.

A reliable source, according to Punch, said EFCC could invoke the Assets Forfeiture clause to seize the properties in line with sections 28 and 34 of the EFCC (Establishment Act) 2004 and Section 13 (1) of the Federal High Court Act, 2004.

“Investigations showed that the properties were bought with bribes from Ekiti State contractors. Some of the properties were not bought in Fayose’s name but through proxies. So, we will seize all the properties by God’s grace," someone familiar with the matter reportedly said.


Punch
 

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