Wednesday, 29 June 2016

Fayose suffers setback in bid to lift restriction on Zenith bank accounts

Governor Ayodele Fayose's  efforts to lift the restriction order placed on his accounts by the Economic and Financial Crimes Commission (EFCC) in Zenith Bank Plc suffered a setback yesterday as the Federal High Court sitting in Ado Ekiti, deferred ruling on the mandatory order.FayoseGovernor Fayose's two accounts: 1003126654 and 9013074033 in Zenith bank was frozen by the EFCC for alleged money laundering running into N1.2 billion being part of the $2.1 billion arms fund from the office of the former National Security Adviser, Col. Bello Dasuki.
Fayose through his lawyer , Mr Mike Ozekhome(SAN), had sought a mandatory order unfreezing the accounts belonging and operated by him pending the determination of his interlocutory application. Joined in the suit are the EFCC (1st defendant) and Zenith bank (2nd defendant).
The order was supported by 18-paragraph affidavit , a lone Exhibit, which was a letter issued to Governor Fayose by Zenith bank confirming that the EFCC actually placed a restriction order on the accounts and a written address .

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