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The two private accounts of Ekiti state governor,
Mr Ayo Fayose, with Zenith Bank, frozen since
June, 2016 by the Economic and Financial Crimes
Commission (EFCC) will remain embargoed until

This is following a ruling on the case filed by
Governor Fayose against the EFCC, against the
freezing of the accounts at the Federal High Court
sitting in Ado Ekiti, on Friday.
Presiding judge, Justice Taiwo Taiwo, adjourned till
the said date after both Fayose’s lead counsel,
Chief Mike Ozehkome (SAN) and that of the EFCC,
Mr. Rotimi Oyedepo, had both agreed on a definite
At the resumed hearing, Fayose’s lead counsel,
who led 10 other lawyers in defence of the
governor, told the court that EFCC lacked the
constitutional powers to so apply punitive measures
on a governor that still enjoyed immunity until the
end of his tenure in 2018.
He argued that freezing of the governor’s accounts,
based on what he said was “mere hearsay and
unsubstantiated allegations of fraud”, lacked the
backing of the law.
He argued that only a declarative evidence of court
of competent jurisdiction could act in the way the
EFCC did, saying blocking the governor’s accounts
without being found guilty by courts of the land,
amounted to convicting the governor before putting
him on trial.
But in a reaction, EFCC lead counsel, Mr. Rotimi
Oyedepo insisted before the court that the decision
of the anti- graft agency to freeze Fayose’s
accounts followed due process.
He pleaded with the court to give him enough time
to study the counter argument of Fayose’s lead
counsel which was presented to the court for more
than three hours.

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