Justice Taiwo Taiwo of the Federal High Court, Ado-Ekiti, yesterday
ruled that EFCC should unfreeze the state governor, Ayo Fayose's
accounts with Zenith Bank which were frozen on June 21st. EFCC froze
the accounts on the grounds that they were allegedly used to receive
proceeds from illegal transactions. But EFCC says they will appeal the
judgement. Read a statement from EFCC after the cut...
The attention the Economic and Financial Crimes Commission has been
drawn the order by Justice Taiwo Taiwo of the Federal High Court, Ado
Ekiti, Ekiti state asking it to defreeze the accounts of Governor Ayo
Fayose in Zenith Bank.
While the Commission awaits the certified copy of the ruling, it is
important to point out that this order contradicts another order by
Justice M. B Idris of the Federal High Court, Lagos which gave the
Commission the nod to freeze the accounts pending the conclusion of
investigation. This order from a court of coordinate jurisdiction was
not set aside by Justice Taiwo.
In spite of this, the Commission has taken immediate step to appeal the
order by Justice Taiwo.
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