The Economic and Financial Crimes Commission has accused Governor Ayodele Fayose of Ekiti State of diverting N680m from the state’s coffers to a private fixed deposit account, which was yielding N6m interest every month.
The N680m was alleged to have been part of the bailouts paid to the state government by the Federal Government for the payment of salary and pension arrears, according to the EFCC’s preliminary investigation into the matter.
The anti-graft agency also asked the state’s Commissioner for Finance, Toyin Ojo, and the Accountant-General, Yemisi Owolabi, to report back to the commission’s head office in Abuja next week.
Owolabi and Ojo had spent about 12 days in the custody of the anti-graft agency after allegedly refusing to honour its invitation in the past. They were arrested for their alleged roles in the diversion of the bailout .
According to the anti-graft agency, there is a reason to believe that the people of Ekiti State have been short-changed.