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EFCC Grills Fayemi Over N4bn Money Laundering

… Several other former governors under probe – Source
A former governor of Ekiti State, Kayode Fayemi, is currently being interrogated at the zonal command office of the Economic and Financial Crimes Commission, in Ilorin, Kwara State, over an alleged laundering of N4billion, The PUNCH has gathered.
Impeccable sources privy to the development told disclosed that Fayemi arrived at the EFCC facility at about 9:40 am on Thursday.
The PUNCH had in May 2023, reported how Fayemi, through his lawyer, Adeola Omotunde, SAN, pleaded with the EFCC to allow him to present a book in honour of the former President, Muhammadu Buhari, on May 19, before honouring the agency’s invitation for questioning over money laundering allegations.
Confirming the development on Thursday, a source said, “Fayemi arrived at our Kwara command office at about 9:40 am today. Our operatives are currently grilling him over alleged misappropriation of N4bn.”
“I’m not sure whether he’d be released today or detained. However, he’s not the only former governor that’s currently being probed by the commission,” another source noted.
Contacted, the spokesperson for the anti-graft agency, Wilson Uwujaren, said he couldn’t speak concerning the development.
“I can’t speak concerning that, please,” Uwujaren said.
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Meanwhile, The PUNCH reports that in a letter dated May 12, which was obtained by The PUNCH, the EFCC had asked the ex-Ekiti governor to appear before the head of its zonal command office in Kwara, Nigeria’s North-Central, to answer questions bordering on money laundering activities.
According to the letter issued by its zonal commander Micheal Nzekwe, the EFCC requested that Mr Fayemi appears before it on May 18.
The letter reads, “The commission is investigating a case of money laundering in which the need to seek certain clarifications from you has become imperative.
“In view of this, you’re kindly requested to come for an interview with the undersigned through the Head, Economic Governance section. Thursday, May 18, 2023. No. 10 Oko close, off station road, GRA, Ilorin, Kwara State. Time: 10: 00 hours.”
But in a follow-up letter through his legal counsel, Adeola Omotunde, SAN, dated May 15, which was sighted by The PUNCH correspondent, Fayemi said he was one of the organisers and reviewer of one of the books published in Buhari’s honour.
“Our client is in receipt of your letter of invitation dated 12th May 2023 for an appointment on Thursday, 18th of May, 2023,” Mr Fayemi’s lawyer noted.
The letter reads, “Our client is engaged on the 18th day of May 2023 as he is preparing for a public presentation and launching of two new books in honour of President Muhammadu Buhari, titled: ‘State of Repair: How President Muhammad Buhari Tried to Change Nigeria For Good’ by Anthony Goldman and ‘The Legacy of Muhammadu Buhari’ by Abu Ibrahim slated for 19th May 2023 at the Banquet Hall, State House, Abuja by 10:00 a.m.
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“Our client is one of the organisers of the programme and will review one of the books. Our client has also committed himself to other programs between May 19, 2023, and May 24, 2023, before he received your invitation. We regret to inform you that our client will not be able to honour your invitation on the 18th May 2023 against the backdrop of the foregoing information.”
Fayemi’s lawyer could not be reached The PUNCH on Thursday, as the phone number obtained from his letter was unavailable.
Meanwhile, asides from Fáyẹmí, the EFCC has said it was also investigating the former governor of Zamfara State, Bello Matawalle, on allegations of corruption, award of phantom contracts and diversion of over N70bn.
The EFCC said it was compelled to make the development public following the recent attempt by the outgoing governor to cast aspersions on the integrity of the agency’s fight against corruption.
The Director, Media and Public Affairs, EFCC, Osita Nwajah, who spoke on behalf of the Chairman of the agency, Abdulrasheed Bawa, made this disclosure in May while addressing journalists at the commission’s headquarters in Jabi, Abuja.
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Nwajah said, “It is intriguing that Matawalle would want to take on the role of a supervisor, who tells the EFCC whom to investigate. Is this a case of a ‘thief’ saying he must not be touched until other ‘thieves’ are caught?
“The real issue with Matawalle is that he is being investigated by the EFCC, over allegations of monumental corruption, award of phantom contracts and diversion of over N70bn.
“The money, which was sourced as a loan from an old generation bank purportedly for the execution of projects across the local government areas of the state, was allegedly diverted by the governor through proxies and contractors who received payment for contracts that were not executed.
“The commission’s investigations so far revealed that more than 100 companies had received payments from the funds, with no evidence of service rendered to the state. Some of the contractors who have been invited and quizzed by the commission made startling revelations on how they were allegedly compelled by the governor to return the funds received from the state coffers back to him through his aides after converting the same to United States dollars.
“They confirmed that they did not render any service to Zamafara State but were allegedly directed to convert the money paid to them into United States dollars and return to the state governor through some of his commissioners, notably the commissioners in charge of Finance and Local Government Affairs.”
According to Nwajah, one of the contractors involved, a popular Abuja property developer, collected N6bn on an N10bn contract without rendering any service to Zamfara State.
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He noted that another contractor collected over N3bn for a contract for the supply of medical equipment, but the commission traced a payment of N400m from his account to a Bureau de Change operator.
The contractor confessed the payment was to procure the dollar equivalent allegedly for the state governor.
“As part of the extensive investigation of contracts awarded by the Matawalle administration, especially for phantom projects in the local government areas, the commission has recovered a sum of N300m from a company, Fezel Nigeria Limited. The funds were traced to the Zamafara Investment Company.
“The EFCC investigation is the source of anxiety in Government House, Gusau, with the governor in mortal dread of his fate once he steps down as governor on May 29.
“In Nigeria, state governors and their deputies enjoy immunity from criminal prosecution while in office, a reason the EFCC has yet to arrest Governor Matawalle,” he added.
The EFCC is also probing a former Kogi State Governor, Yahaya Bello, for alleged corruption over 14 properties both in Nigeria and abroad, and N400 million, among other allegations.
“The properties, including Hotel Apartment Community, Burj Khalifa lying, being and situate at, Plot 160 Municipality NO 345-7562, Sky View Building No 1, Property No 401, Floor 4, Dubai U.A.E., were reasonably suspected to have been derived from unlawful activity,” the anti-graft agency said in a statement obtained by our correspondent in May.
PUNCH
News
Oba of Benin Renews Bond With Ancestral Relations, Nigerians During Emorhọ Feast
The palace of the Oba of Benin was agog with activities during the 2025 Emorhọ fest, declared by Omo N’Oba N’Edo Uku, Uku Akpolokpolo, Ewuare II, Oba of Benin as part of activities to mark the ancient Emorhọ, otherwise known as the ‘New Yam Festival’.
Oba of Benin, who reenacted the age-long festival, renewed the bond that exist between him and his ancestral relations from Issele-Uku in Aniocha North Local Government Area of Delta State at the event, which attracted dignitaries, including Benin people, indigenes and non-indigenes across Edo State.
Members of the Benin Royal family, Edionwere (village heads), youth leaders across the various communities in Benin, market women group, palace chiefs, traditional priests and priestesses in Benin, were also in attendance.
READ ALSO:Oba Of Benin Declares Two-week Fasting, Prayer For Edo
A special prayer offered on behalf of the palace by Chief Enorense Ozigbo-Esere, the Osuma of Benin, paved the way for the commencement of the feast, where Secretary to the Benin Traditional Council, Frank Irabor, welcomed guests and highlighted the essence of the gathering.
Speaking in an interview, Oba Ewuare younger ancestral relations from Issele-Uku led by Chief Michael Odiakosa, expressed delight for the privilege to be part of the historic celebration.
He explained the relationship between Benin and Issele-Uku, reaffirming that, “Issele-Uku is an extension of Benin Kingdom. We are all descendants of Benin. So, we are at home”.
READ ALSO:Oba Of Benin Ushers In ‘Emorọ’
“We are in a safe place. We came to celebrate the festival with our father, the Omo N’ Oba, and we are happy to be here”, Odiakosa said.
On his part, 99-year-old Pa. Paul Osarumwense Oyemwen, the Odionwere of Orior-Ozolua community in Uhunmwode LGA who thanked the Oba for the gesture, said the festival is not new in Benin and it’s devoid of sacrifices.
Expressing her appreciation to the Oba of Benin, the ‘Edo markets leader’, Pastor (Mrs) Josephine Ibhaguezejele, noted that members of the group have been waiting anxiously for the opportunity to partake in the yearly festival, while praying God that the blessings of the festival to transform lives.
Also speaking, Pa. Daniel Osunde, the Odionwere of Idumwun-owina, N’ Iyeke-orhiomwon, also prayed for the Oba and thanked the first Class traditional ruler for his foresight.
Excited guests in their numbers were fed with African delicacy, amid dancing and jubilation, while members of Isikhian women group who gave a good account of their stewardship, were not left out in the celebration by the Oba who rewarded them with cash gift and other items in acknowledgement their duties in Benin.
News
Okpebholo Poised To Surpassing People’s Expectations — Edo Deputy Gov
Edo deputy governor, Hon Dennis Idahosa has assured that the Governor Monday Okpebholo-led administration is poised to surpass the expectations of the people of the state in terms of campaign promises fulfilment.
Idahosa said that the administration had hit the grand running right from the day of inauguration by identifying and prioritising the key areas of the SHINE agenda for implementation.
A statement by Mr Friday Aghedo, Chief Press Secretary to the deputy governor, said Idahosa spoke when he received the prestigious Peace Ambassador Award from the International Association of World Peace Advocates (IAWPA).
The award ceremony held at the deputy governor’s office during a courtesy visit by the leadership of the IAWPA led by the President, Amb. Per Stafsen, the South-South Coordinator/Edo state Director, Amb. Amos Areloegbe, and other zonal representatives.
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“We pray, by the grace of God, Edo State will surpass the expectations of the people when we are through with our tenure,” he declared.
Idahosa described the recognition as a source of pride, not just for him, but for the Governor Monday Okpebholo-led administration.
“Governor Okpebholo is a man of peace, and his government stands firmly for peace. This award is a validation of his unwavering commitment to building a safe and harmonious Edo State,” he said.
The Deputy Governor emphasized that peace and security remain central pillars of the government’s five-point SHINE agenda, noting that collaboration with traditional institutions, religious leaders, and civil society organizations has been vital in sustaining stability across the state.
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“Peace is extremely important in any society. Where there is peace, there is security; where insecurity prevails, peace cannot exist.
“This recognition today strengthens our resolve to continue being ambassadors of peace,” Idahosa stated.
On his part, Amb. Amos Areloegbe noted that IAWPA, a United Nations–certified body aligned with the 17 Sustainable Development Goals (SDGs), deliberately chose Edo State to commemorate the International Day of Non-Violence on October 2.
According to him, “Edo State remains one of the most peaceful states in the federation, hence our choice to celebrate here.”
The investiture was hailed by observers as not only an honour to Idahosa but also as an acknowledgment of Edo’s growing reputation as a bastion of peace under Governor Okpebholo’s leadership.
News
Ogoni Women Protest Resumption Of Oil Production, Demand Accountability In $1Bn Cleanup Funds
Ogoni women drawn from all works of life have come out to protest against the resumption of oil production in the area without proper negotiation.
The women expressed anger over the non-transparent nature of the entire oil resumption exercise, accusing the government of attempting to manipulate them into giving up on their demands as expressed in the Ogoni Bill of Rights (OBR).
The women further demanded that the Nigerian government account for $300million Ogoni infrastructure development fund which is alleged to have been diverted by some key government personalities in alliance with some Ogoni leaders.
They further demanded accountability for the $1Billion Ogoni cleanup funds which they said is a failed project.
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The women, who marched on the streets of Bori, the traditional headquarters of Ogoni, accused the government of neglecting the core demands of the Ogoni people including the demand for the creation of a Bori State and compensation for livelihood losses due to decades of devastating oil spills in the lands.
“We lost everything, crops, drinking water sources, food and farming lands and we now live with strange illnesses which ultimately will lead to our death. No one is interested in all that. The only thing the government is interested in is our oil resources. We reject the insensitivity of the government and we want to be heard”; one of the protesters who pleaded anonymity told Ogoninews.
Another speaker, Mrs Helen Huoma said the plot to resume oil production in Ogoni is deceptive.
“The oil industry people are always lying. They will tell us something and do another. When we ask our MOSOP leaders, they tell us they know nothing about what the government and the oil industry are doing. It’s all a bunch of confusion and deceit. We will resist this move because we paid heavily to give Ogoni a name and the pride it has today”
A woman identified as Janet from Gokana Local Government Area alleged that the Nigerian government has never been interested in the welfare of the Ogoni people.
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She alleged that the government had only been interested in the oil and after that, they appeased political leaders with contracts to suppress local residents.
“All they do is deceive the Ogoni people and we continue to suffer in the midst of abundant natural resources. If they can divert $300million, then how can we trust them? Before we start, let them account for the $300 million and the cleanup program which, at least, should have solved some basic problems.”
The Nigerian President, Bola Ahmed Tinubu had recently directed the National Security Adviser, Nuhu Ribadu to engage the NNPC Limited and work out modalities for the resumption of oil production in Ogoni. This directive followed a meeting with some Ogoni leaders in Aso Rock, Presidential Villa.
The president had also recently granted pardon to the Ogoni nine including Ken Saro-Wiwa and to four Ogoni leaders who were murdered on May 21, 1995. The Abacha regime had blamed Ken Saro-Wiwa for the murders and executed him along with 8 others on November 10, 1995 despite global outcry acknowledging their innocence.
Following the executions, a United Nations fact finding team visited Nigeria. The team acknowledged that the entire trial process was flawed and noted that Nigeria did not even follow the minimal prescription of its own laws in the conduct of the trial.
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