20170505

Suspended NIA boss’ wife bought Ikoyi flat with $1.6m cash – EFCC

The Economic and Financial Crimes Commission on Friday named Mrs. Folashade Oke as the owner of Flat 7B, No. 13, Osborne Road, Osborne Towers, Ikoyi, Lagos, where the sums of $43,449,947, £27,800 and N23, 218,000 were recently recovered by the Economic and Financial Crimes Commission.

Mrs. Oke is the wife of the suspended Director General of the National Intelligence Agency, Amb. Ayo Oke, whose agency had laid claim to the money.

According to the EFCC, Mrs. Oke made a cash payment of $1.658m for the purchase of the flat between August 25 and September 3, 2015.

She was said to have 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 Federal Government.

“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,” a counsel for the EFCC, Mr. Rotimi Oyedepo, told the court on Friday.

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 Federal Government, 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.”

The lawyer noted that despite the newspaper advertisement of the initial order of April 13, 2017 temporarily forfeiting the money to the Federal Government, no one showed up in court on Friday to show cause why the money should not be permanently forfeited to the Federal Government.

17 comments:

  1. like i said from the onset the amb ayodele oke claiming this money is a fallacy for its money meant to be stolen i mean the records show it.
    welldone EFCC

    ReplyDelete
  2. So wicket wike is just playing politics once again,and in all the noise rivers state did not appear in court to claim her money hmmmm na wa ooooo

    ReplyDelete
  3. Vanity upon vanity

    ReplyDelete
  4. Awón olé játíjátí..

    ReplyDelete
  5. Oladimeji S.05 May, 2017 19:53

    All the property in their possession should be taken by the FG. they are all big thief.

    ReplyDelete
  6. Corruption continues.....

    ReplyDelete
  7. Hassan Aderemi05 May, 2017 22:39

    The more you look, the less you see.

    ReplyDelete
  8. I tender my apologies to minister of transportation Mr Rotimi Ameachi

    ReplyDelete
  9. Ok nah...

    NIA boss should answer for that theft...

    Criminal in suit he is...

    ReplyDelete
  10. Grace Boniface06 May, 2017 05:45

    Good work by d efcc....

    ReplyDelete
  11. Criminals who has director milk Nigeria dry. God will definitely punish them.

    ReplyDelete
  12. Where is wike that is praying and fasting because of this money. Thief.

    ReplyDelete

Please keep your comments clean always. Thank you!