The Federal High Court sitting in Ado Ekiti has ordered Zenith Bank to unfreeze the accounts of Ekiti State Governor, Ayo Fayose.
The order was given on Tuesday, December 13, by presiding judge, Justice Taiwo Taiwo.
According to Justice Taiwo, the Economic and Financial Crimes Commission (EFCC) did not follow proper procedure in ordering the bank to freeze the accounts.
EFCC had directed the bank to freeze Fayose’s account in connection with a money laundering investigation.
Fayose is alleged to have received $5,377,000 in cash from former Minister of State for defence, Musiliu Obanikoro for use in the June 2014 governorship elections in Ekiti.
Fayose's bank account was frozen in june 2016 after the EFCC begun investigations into the arms deal fraud
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