Lagos-based lawyer and Senior Advocate of Nigeria (SAN), Femi Falana, has said the move by the Economic and Financial Crimes Commission (EFCC) in freezing the account of Ekiti State Governor, Ayodele Fayose, is legally correct.
In a statement issued on Thursday, titled, “Fayose’s Shallow Defence”, the lawyer also stated that the governor has implicated himself through his statements and has shown that the action by the anti-graft agency is right.
He said: “Assuming without conceding that the bulk of the fund spent on his campaign was donated by Zenith Bank Plc, he has unwittingly justified the investigation and freezing of his account by the EFCC.
“He has also confirmed that the humongous sum of money was transported from Abuja to Akure in contravention of Money Laundering Act.
“By his utterances Mr. Fayose is simply saying that the management of Zenith bank stole depositors’ money and laundered it to fund his political campaign contrary to section 90 of the Electoral Act, 2010 as amended.
“On the basis of his own confessional statement, Governor Fayose and the management of the bank are liable to be prosecuted for electoral fraud, money laundering and criminal diversion of depositors’ fund to the tune of N1.2 billion.”