Lagos lawyer, Femi Falana (SAN), has said the Economic and Financial Crimes Commission (EFCC) is legally right to freeze the account of Ekiti State Governor, Ayodele Fayose.
Falana made the declaration in a statement titled: “Fayose’s Shallow Defence” issued in Lagos on Thursday while reacting to the governor’s claim that the agency acted illegally because he enjoyed immunity as a governor.
Falana contended that the governor, by various statements credited to him since the incident occurred has given further credibility to the action of the EFCC.
“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,” he maintained.