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Fayose’s aide exposed for N1.2bn fund

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A star witness of the Economic and Financial Crimes Commission, EFCC, Mr. Alade Sunday, yesterday, narrated before the Federal High Court in Abuja, how an ally to Governor Ayodele Fayose, Mr. Abiodun Agbele, moved N1.2 billion to Akure, prior to the 2015 presidential election.

Alade, who is the branch head of Zenith Bank in Akure, said he was among the team that evacuated the money to the bank with a bullion van after it was flown to the Akure airport in two aircraft.

He told the court that Senator Musliu Obanikoro, was inside one of the aircraft, adding that Agbele conveyed the money to the bank with armed soldiers.

The witness said it took his team from Zenith Bank ten days to count the money.

He earlier told the court during his evidence-in-chief that the money was stuffed inside Ghana-must-go bags.

The PW-1 said he became concerned when he learnt that the money which was brought in two tranches, amounted to N1.2bn.

He told the court that he could not pull himself out of the transaction considering that it was the Zonal Head of Zenith Bank Plc in Ekiti State, Mr. Abiodun Oshode, that mandated him to meet Agbele at the airport with the bullion van.

“On the day the money was brought in two aircraft and the money parked into a bullion van, the 1st defendant came with fully armed men. They were soldiers. The bank did not provide its own security because we were told there was adequate arrangement for security,” he said.

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“As at the time we went to the airport, we did not even know the amount involved. Before we adopted their security arrangements, my zonal head was assured by the personalities involved. In essence, it was not a usual practice for the bank to go and pick money with a bullion van without its own security.”

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