EFCC finally names owner of Ikoyi flat where $43 million was found

According to DAILYPOST, The commission has
named Mrs. Folashade Oke, the wife of the
suspended Director General of the National
Intelligence Agency, NIA, Ayo Oke as the owner
of Flat 7B, No. 13, Osborne Road, Osborne
Towers.


Recall that the agency had laid claim to the
money.


The EFCC, revealed that Mrs. Oke made a cash
payment of $1.658m for the purchase of the flat
between August 25 and September 3, 2015.
The agency further said she purchased the
property in the name of a company, Chobe
Ventures Limited, to which she and her son,
Master Ayodele Oke Junior, were directors.


Payment for the purchase of the flat was said to
have been made to one Fine and Country
Limited.


The EFCC stated that Mrs. Oke 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 EFCC on Friday tendered the receipt issued
by Fine and Country Limited to Chobe Ventures
Limited as an exhibit before the Federal High
Court in Lagos, where it is seeking an order of
final forfeiture of the recovered money to the
FG.


In an affidavit filed before the court, a Detective
Inspector with the EFCC, Mohammed Chiroma,
stated that “Chobe Ventures Limited is not into
any business but was merely incorporated to
retain proceeds of suspected unlawful activities
of Mrs. Folashade Oke.”



While urging the presiding judge, Justice Muslim
Hassan, to order the permanent forfeiture of the
funds to the FG, Oyedepo argued that the fact
that Flat 7B, Osborne Towers was purchased in
a criminal manner, made the N13bn recovered
therein “extremely suspicious to be proceeds of
unlawful acts.”

Source: Laila's blog