UPDATE: Fayose’s Bank Account Received ₦1.2bn from NSA

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Sources at the Economic and Financial Crimes Commission (EFCC) have revealed that a personal account at the Zenith Bank of Nigeria of Governor Ayo Fayose was frozen in connection with over N1.2billion he took in 2014 from the ex-National Security Adviser (NSA), Sambo Dasuki.
Insiders confirmed that the action came at the end of the agency’s long investigation into the case.

Our sources said that Fayose received huge sums of money from the office of the NSA that was meant for arms procurement, with which he meticulously bribed security officials and voters to get into the Ekiti governorship for the second time.

At least three security agencies which investigated the fraud found that the governor stole monies meant for national security, and deposited them into his personal account.


N500m was traced to Fayose's frozen Zenith Bank account.

The Nigerian Army referred some of the officers who took a bribe from Fayose to the EFCC after some of them were compulsorily retired from service.

After his election, according to SR, Fayose deposited the monies into his personal account and that of his Spotless Hotel in Ekiti, venue of the infamous rigging meeting for the Ekiti election.

The EFCC said it is sure to prosecute most of those involved in the fraud in the coming days.

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