Finally! EFCC Reveals The Owner Of Ikoyi Flat Where N13 billion Was Found

The Economic and Financial Crimes Commission, EFCC, has revealed that the owner
of the building where $43,449,947, £27,800 and
N23, 218,000 was discovered in Ikoyi, Lagos State.

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.

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.”