Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,163,991 members, 7,856,005 topics. Date: Monday, 10 June 2024 at 12:38 PM

Frozen Accounts: Fayose Knows Fate Dec 2 - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Frozen Accounts: Fayose Knows Fate Dec 2 (7475 Views)

I Have N382m In Frozen Bank Accounts-fayose / Publish Dasuki’s Statement, My Accounts; Fayose Dares EFCC / Two Major Proof That Fayose Knows Nothing About Nigeria Economy (2) (3) (4)

(1) (Reply) (Go Down)

Frozen Accounts: Fayose Knows Fate Dec 2 by oswaggiee(m): 4:40am On Nov 08, 2016
The Federal High Court, Ado-Ekiti, Ekiti State capital, is to rule on December 2 in an application by Governor Ayo Fayose challenging the freezing of his personal bank accounts by the Economic and Financial Crimes Commission (EFCC).


Justice Taiwo Taiwo fixed the date after parties adopted their written addresses and other evidences.

The EFCC, on June 24, froze Fayose’s accounts, claiming they were used to launder about N1.3 billion of the N4.7 billion arms cash from ex-National Security Adviser (NSA) Col. Sambo Dasuki (rtd).

Fayose sued the EFCC and Zenith Bank, alleging persecution by the anti-graft agency and breach of privacy of his account by the bank.

The governor, through his counsel, Mike Ozekhome, argued that EFCC’s action was illegal, unconstitutional and an infringement on his rights.

He said EFCC acted contrary to Section 308 of the 1999 Constitution, which granted immunity to a sitting governor not to be prosecuted in either civil or criminal matters.

The senior lawyer argued that Fayose’s accounts wouldn’t have been frozen, if the judge was aware that the order so obtained was against the accounts of a sitting governor.

Ozekhome, in his counter affidavit on point of law, prayed the court to de-freeze Fayose’s accounts on the grounds that the EFCC allegedly suppressed the fact from Justice Ibrahim Idris of the Lagos Federal High Court, on June 24.

The lawyer urged the court to grant all prayers of the applicant and award cost in his client’s favour.

Adopting his written address and a 10-paragraph affidavit, EFCC’s counsel Rotimi Oyedepo told the court the commission acted within its statutory and constitutional power, citing Section 6(5) (b) of the Money Laundering Prohibition Act, 2011.

He argued that sections 19, 34 of the EFCC Establishment Act gave the agency powers to order the freezing of accounts used for money laundering.

Oyedepo said: “By the provisions of these sections, EFCC has the power to instruct Zenith Bank to place “Stop Order” on the account suspected to be proceeds of alleged crime.

“After the expiration of the 72-hour stop order by Section 6 of the Money Laundering Prohibition Act, the first respondent timeously obtained a court order through an originating summon.

“I submit that the argument of the applicant that the court should set aside the order, that the Federal High Court sitting in Ado-Ekiti lacks the jurisdiction to set aside order of interim attachment made in pursuant to EFCC Act.”

He added that the order by EFCC was to preserve the remaining funds so the investigation of the first respondent would not be prejudiced by conduct of the applicant.

Oyedepo urged the court to dismiss submissions of the applicant, saying the interim order obtained to stop any transaction on the frozen accounts be upheld.

Responding, Ozekhome urged the court to look critically at the veracity of authorities cited by Oyedepo, claiming he (Oyedepo) was wrong on authorities cited.

Ozekhome said: “My learned friend is wrong in many of the authorities cited thereto. This court issues a valid order on June 28, an ex parte against the EFCC and it is based on that court order that they appealed before my lord and filed all their counter-affidavits today.

“They cannot be heard to approbate and reprobate, blowing hot and cold simultaneously: that a valid court order that they (EFCC) have filed processes and complied with. The order was not irregular so the issue of service is not jurisdictional but merely procedural contrary to his contention

http://kleeqers.com/forum/politics/2752-frozen-accounts-fayose-knows-fate-dec-2

Re: Frozen Accounts: Fayose Knows Fate Dec 2 by Mrdecent(m): 5:18am On Nov 08, 2016
With this new set of judiciary hmmmm it would be easier for me run past my grandmother of 92 in a 200m race for fayose to get victory. Mark my words

5 Likes

Re: Frozen Accounts: Fayose Knows Fate Dec 2 by emeijeh(m): 8:27am On Nov 08, 2016
This change is all-encompassing

2 Likes

Re: Frozen Accounts: Fayose Knows Fate Dec 2 by Doctordan247: 8:28am On Nov 08, 2016
see fayose be like 😩😩😩 no be me get my account

1 Like

Re: Frozen Accounts: Fayose Knows Fate Dec 2 by shalomdaniel: 8:28am On Nov 08, 2016
I'm a Fayotic!!!
Everything shows that daura buhari's uncle is currently the most corrupt person in Nigeria. Why is his account not frozen?! What's the tab still doing on Fayose's account?! Herd's men, here I come!!!

3 Likes

Re: Frozen Accounts: Fayose Knows Fate Dec 2 by maximunimpact(m): 8:28am On Nov 08, 2016
ok
Re: Frozen Accounts: Fayose Knows Fate Dec 2 by Lanre4uonly(m): 8:29am On Nov 08, 2016
Ok. Let's wait & see how it will unfold.
Re: Frozen Accounts: Fayose Knows Fate Dec 2 by DaddyGngeess(m): 8:31am On Nov 08, 2016
Let's see how it plays
Re: Frozen Accounts: Fayose Knows Fate Dec 2 by assana: 8:31am On Nov 08, 2016
undecidedtoo early to be reading this kind of yeye news all this politicians stories dey soar belly.#meanwhile 2nd to comnent 1st time in historysmiley#

1 Like

Re: Frozen Accounts: Fayose Knows Fate Dec 2 by nzebig: 8:31am On Nov 08, 2016
Everytime account topic e be like say all our government and them dey give all dis yahoo boy account ... Ahahaha
Re: Frozen Accounts: Fayose Knows Fate Dec 2 by sekundosekundo: 8:32am On Nov 08, 2016
Hmmm

1 Like

Re: Frozen Accounts: Fayose Knows Fate Dec 2 by casttlebarbz(m): 8:34am On Nov 08, 2016
just freeze d muhfuka himself

muhfuka never loved us

1 Like

Re: Frozen Accounts: Fayose Knows Fate Dec 2 by pussypounder(m): 8:34am On Nov 08, 2016
Donald Trump is leading massively in Rivers and AkwaIbom. We are yet to get reports from Ekiti and Lagos.
embarassed

3 Likes

Re: Frozen Accounts: Fayose Knows Fate Dec 2 by lujordan48(m): 8:36am On Nov 08, 2016
hahaa..the first poster just made my day cheesy cheesy
Re: Frozen Accounts: Fayose Knows Fate Dec 2 by EFCC777: 8:37am On Nov 08, 2016
your common sense should tell you that the account will remain frozen. your co-looters are returning their own share and instead of looking of the balance of ur own share to return to efcc you still spending money on lawyers. well I pity you shaa

3 Likes

Re: Frozen Accounts: Fayose Knows Fate Dec 2 by Trendirabingi: 8:40am On Nov 08, 2016
i still wonder what this mike Ozekhome represents to himself, his now n fast becoming the pocket lawyer of every stealing politician...he should keep cooking his egusi soup n yam very well, cus soon he wouldnt find the mouth to eat it...Thieves with dirty wigs...

2 Likes

Re: Frozen Accounts: Fayose Knows Fate Dec 2 by Timoleon(m): 8:46am On Nov 08, 2016
Fayose if you think that account wasnt involved in any alleged embezzlement or misapropriation of funds, patiently allow it to be probed. You often pride yourself as a man of the people, this is an opportunity to portray yourself as an upright man. Be tried, be found guiltless and be more honoured. Otherwise, pay for your crimes.

2 Likes

Re: Frozen Accounts: Fayose Knows Fate Dec 2 by rabex123(m): 8:48am On Nov 08, 2016

Re: Frozen Accounts: Fayose Knows Fate Dec 2 by bimsy261(f): 8:50am On Nov 08, 2016
Lanre4uonly:
Ok. Let's wait & see how it will unfold.
abi nw

2 Likes

Re: Frozen Accounts: Fayose Knows Fate Dec 2 by Phil3(m): 9:30am On Nov 08, 2016
The full interview to the virgin pastor who said sex is the sweetest thing on earth -


https://www.youtube.com/watch?v=M6J5WSNYBAg
Re: Frozen Accounts: Fayose Knows Fate Dec 2 by Koolking(m): 11:39am On Nov 08, 2016
oswaggiee:


[s]He said EFCC acted contrary to Section 308 of the 1999 Constitution, which granted immunity to a sitting governor not to be prosecuted in either civil or criminal matters[/s].

Trash!! This section of the constitution calls for review. The reason the governors act with impunity

oswaggiee:

Adopting his written address and a 10-paragraph affidavit, EFCC’s counsel Rotimi Oyedepo told the court the commission acted within its statutory and constitutional power, citing Section 6(5) (b) of the Money Laundering Prohibition Act, 2011.

He argued that sections 19, 34 of the EFCC Establishment Act gave the agency powers to order the freezing of accounts used for money laundering. Oyedepo said: “By the provisions of these sections, EFCC has the power to instruct Zenith Bank to place “Stop Order” on the account suspected to be proceeds of alleged crime.

Good riddance to bad jokes. Nigeria must kill corruption in all ramifications

1 Like

Re: Frozen Accounts: Fayose Knows Fate Dec 2 by HtwoOw: 11:43am On Nov 08, 2016
Fayose the dreamer

1 Like

Re: Frozen Accounts: Fayose Knows Fate Dec 2 by austine4real(m): 1:42pm On Nov 13, 2016
bimsy261:
abi nw


happy birthday sweetheart wish u very gud thing of life n u wll
witness more of it on earth

I got ur mail BT mine is nt working u can chat me up on 0

1 Like

Re: Frozen Accounts: Fayose Knows Fate Dec 2 by bimsy261(f): 11:06am On Nov 16, 2016
austine4real:



happy birthday sweetheart wish u very gud thing of life n u wll
witness more of it on earth

I got ur mail BT mine is nt working u can chat me up on 08105143161
tnx .

(1) (Reply)

I Am Happy There Was No Fuel Scarcity This Year – Fun Seeker / The 2nd Niger Bridge (dream To Reality) Buhari And The Changing Narratives. / The Lion Himself Dancing With Church Members During Service

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 23
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.