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Saturday, 6 May 2017

EFCC confirms wife of suspended NIA boss bought Ikoyi flat with $1.6m cash!


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EFCC is alleging that the flat were N15 billion was discovered last month, is owned by wife of suspended NIA DG, Ambassador Ayo Oke, Folashade Oke. According to a statement released Friday evening, Mrs Oke purchased the flat with a whooping $1.6 million cash. Below is a press statement from the EFCC confirming the report.
The Economic and Financial Crimes Commission, EFCC, onFriday, May 5, 2017, has told Justice Muslim Hassan of the Federal High Court sitting in Ikoyi, Lagos how the wife of the suspended Director-General of the National Intelligence Agency, NIA, Ayo Oke, Folashade, allegedly acquired the property situated at Flat 7B, 13, Osbourne Road, Osbourne Towers, Ikoyi, Lagos, where the sums of $43,449,947, £27,800 and N23,218,000 were recently recovered by the Commission.
The EFCC is seeking an order of final forfeiture of the recovered money to the Federal Government.Oke was said to have made a cash payment of $1.658m for the purchase of the flat between August 25 and September 3, 2015 in the name of a company, Chobe Ventures Limited.
She and and her son, Ayodele Oke Junior, are said to be directors in the company.
Oke was also said to have made the cash payment in tranches of $700,000, $650,000 and $353,700 to a Bureau de Change company, Sulah Petroleum and Gas Limited, which later converted the sums into N360,000,000 and subsequently paid it to Fine and Country Limited for the purchase of the property.
The prosecution counsel, Rotimi Oyedepo, tendered as exhibit the receipt issued by Fine and Country Limited to Chobe Ventures Limited.
According to Oyedepo, "The circumstances leading to the discovery of the huge sums stockpiled in Flat 7B, Osborne Towers, leaves no one in doubt that the act was pursuant to an unlawful activity.
"The very act of making cash payment of $1.6m without going through any financial institution by Mrs. Folashade Oke for the acquisition of Flat 7B, Osborne Towers, is a criminal act punishable by the Money Laundering (Prohibition) Amendment Act. I refer My Lord to sections 1(a), 16(d) and 16(2)(b) of the Money Laundering (Prohibition) Amendment Act.

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