The Owner Of Flat Where $43 Million Was Recovered In Lagos, Revealed By EFCC


The Owner Of Flat Where $43 Million Was Recovered In Lagos, Revealed By EFCC

On Friday 5th May, Economic and financial crimes commission, EFCC said Folasade Oke, wife of the suspended Director-General of the National Intelligence Agency, Amb. Ayodele Oke is a named owner of the house 7B, No. 13, Osborne Road, Osborne Towers, Ikoyi, Lagos, where the sums of $43,449,947, £27,800 and N23, 218,000 were found last month.

Suspicion was raised after her husband, Amb. Ayodele Oke claimed the money belongs to NIA, EFCC said it followed up with an investigation and discovered Mrs. Folasade Oke in portions made payments of $700,000, $650,000 and $353,700 to a Bureau de Change company, Sulah Petroleum and Gas Limited, the money was later changed to 360,000,000 naira and were transferred in series to a company known as Fine and Country Limited for the house purchase.

EFCC claimed that 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.

The receipt provided by Fine and Country Limited to Chobe Ventures Limited was presented on Friday may 5th to Federal High Court in Lagos by EFCC as an exhibit, EFCC is seeking an order of final forfeiture of the recovered money to the Federal Government from the court.

“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” said by EFCC.

Some top officials of Nigeria contributes to the bad condition of this country, Looking at the rate of unemployment and poverty in the country such huge amount of money can be used to build firms with employment capacity of about 4,000 workers,  the money can do many things for this country especially in this recession period.