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Sunday, 3 July 2016


Abiodun Agbele, an ally of the Ekiti State Governor, Ayodele Fayose, has been moved to Abuja by the Economic and Financial Crimes Commission, it has been gathered.

Agbele was moved to Abuja on Friday from the Lagos office of the Economic and Financial Crimes Commission, where he had been detained since his arrest earlier in the week.

The relocation of Agbele was said to have been effected after he was ordered released by a Magistrate Court in Lagos once he either meets the administrative bail condition or after 15 days of not meeting it.
Agbele, according to available information, was arraigned by the EFCC at Magistrate Court 5 in Ogba, Ikeja, Lagos to obtain a Holding Charge.

The EFCC was said to have requested for a holding charge for 30 days from the court.

However, Agbele’s lawyer, who was said to have got hint of the arraignment of his client before the court and made a surprise appearance, engaged the EFCC in legal fireworks that resulted in the Judge allowing the anti-graft agency to hold the accused for a maximum of another 15 days if he is unable to meet the conditions attached to the administrative bail granted him.
He was, however, said to have met the conditions before he was returned to the office of the EFCC in Lagos.

This was said to have necessitated his movement to Abuja where his detention would start afresh.
The expectation is that he would be taken to court for a fresh holding charge next week.
Agbele, according to information, was said to have volunteered a two-page statement to the EFCC on his role in the handling of the funds for the 2014 election of Fayose.

He was said to have insisted, like Fayose, that Zenith Bank Plc bankrolled the campaign.
He was also said to have insisted that he did not receive any money from the Office of the National Security Adviser for the election.

There had been controversy over the source of the funding for the election.

Over N4.7 billion was allegedly released to Fayose through a former Minister of State for Defence, Senator Musiliu Obanikoro, for the prosecution of the election.

The anti-graft agency said it had established that Agbele was Fayose’s henchman who handled the funds for him.
This has led to the EFCC requesting Zenith Bank to freeze the operations of Fayose’s accounts with the Bank.
Fayose was accused of indicting the bank because it released the information requested by EFCC to the anti-graft agency, and which led to his accounts being frozen.

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