N4.9bn: Ekiti charges former Gov. Fayemi

 Ekiti State government has filed a 19-count charge of corruption against a former governor of the state, Kayode Fayemi and his Finance Commissioner, Dapo Kolawole.


This is coming less than two weeks after the government released a white paper on the report of the Justice Silas Oyewole-led Judicial Commission of Inquiry into the finances of the state during the administration of the former governor now Minister of Mines and Steel Development.

The 19-count charge in which Fayemi and Kolawole were accused of stealing, abuse of office, criminal contempt, among others was filed before the State High Court, Ado Ekiti on Friday, January 26, 2018.


Fayemi and the former commissioner were accused of misappropriating the sum of N4.9 billion being the proceeds of Ekiti State Bond for the sum of N20 billion earmarked in the Bond Prospectus for various projects in the State that were either not done or partly done.

While releasing the white paper on January 15, 2018, the government had directed that the state’s Ministry of Justice should institute appropriate legal action(s) against Fayemi and others.

It added that Fayemi and his Finance Commissioner should be made to account for the whereabouts of the fund allocated to projects in the N25 billion Bond Prospectus, which were either not executed or partly executed.

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