Fayose storms Zenith Bank, withdraws N5m

Ekiti State Governor, Mr. Ayodele Fayose on Thursday stormed the
Ado-Ekiti branch of the Zenith Bank to make withdrawal from his
hitherto frozen account.

This followed a Federal High Court order asking the bank to de-freeze the governor’s account.

Governor Fayose who made a withdrawal of N5 million in cash thanked
Nigerians for standing with him and against the recklessness of the Economic and Financial Crimes Commission,
EFCC.

A Federal High Court in Ado Ekiti had on Tuesday, ordered that
Governor Fayose’s accounts in Zenith Bank be defrozen with immediate
effect.

The accounts were frozen by the EFCC in June, this year.

The judge said the EFCC action breached the governor’s fundamental
rights to fair hearing, as the commission did not make him a party to
the proceedings for the interim freezing of the account.

He said that the EFCC suppressed facts by not disclosing to the court
that granted the interim freezing order that the two accounts that
were frozen belonged to the Governor who enjoys total constitutional
immunity.

Ameh

Recent Posts

How much is Naira to Dollar Black Market Today, 17th May 2024

Black market dollar to naira Exchange Rate Today 17th May 2024 can be accessed below. This…

6 hours ago

Black market Dollar to Naira exchange rate today 17th May 2024

Black market dollar to naira Exchange Rate Today 17th May 2024 can be accessed below. This…

6 hours ago

Latest news on FG student loan approval, disbursement today 17th May 2024

The portal for the long-awaited Nigerian Education Loan Fund (NELFUND) will officially go live on…

6 hours ago

Naira falls against dollar in new exchange rate, loses N73

The Naira has resumed its downward trend against the dollar in the foreign exchange market.…

17 hours ago

Senate passes bill for Federal University of Agriculture in Bama

The Nigerian Senate on Thursday successfully passed a bill aimed at establishing the Federal University…

17 hours ago

Tinubu welcomes Senegal’s youngest president, Bassirou Faye

President Bola Tinubu welcomed Senegalese President Bassirou Faye to the Aso Rock Villa in Abuja.…

20 hours ago