Home » “You Lie, Presidency not Zenith Bank Financed Your Election Campaign”, Aluko tells Fayose

“You Lie, Presidency not Zenith Bank Financed Your Election Campaign”, Aluko tells Fayose

An enstranged political associate of the
embattled Ekiti State Governor, Dr Tope
Aluko, yesterday debunked the claims by
the governor Ayodele Fayose that his
campaign for the gubernatorial election in
2014 was sponsored by Zenith Bank.
The Director General of the Fayose Campaign
Organisation, said contrary to the governor’s
claims, his campaign was financially backed
directly by the Presidency through the office
of the then National Security Adviser, Col.
Sambo Dasuki and some oil contractors.
Dr Aluko said in a statement “Before the
primaries of March 28, 2014, funding came
from the Presidency only. After the primaries,
various individuals, banks, corporate
organisations registered with token amounts
(so as to play along).”
“But after the elections, contractors came in
with funds to solicit for patronage. The current
Secretary to the State Government was
secretary of Fayose’s campaign organisation
while a member of the state assembly
representing Ekiti South II, Mr. Awodumila was
“We know as a party that there was no record
of Zenith Bank sponsorship of our elections”.
Dr Aluko claimed Fayose was broke before the
election campaign and that he could not boast
of N10 million in his account before then.
“In fact, he sold one of his houses in Ghana
and showed me the cash in the trunk of his
white Lexus Jeep at his private residence in
Afao Ekiti. The recently mentioned funds are
the funds he is using within his accounts in the
banks”, he stated.
The Head of Fayose’s campaign team who fell
out with the governor after the election gave
details on how former President Goodluck
Jonathan gave $2 million cash to Fayose for
the PDP primaries and another $35 million for
the election proper.
He also claimed the governor engaged the
services of his personal friend, Mr. Abiodun
Agbele to launder money and pay various
sums paid into the governor’s personal
accounts after the election.
“On August 22, 2014, Agbele paid in N50
million cash and another N118.706 million
into Fayose’s Account No. 1003126654. Agbele
also paid N49 million cash into Spotless
Account No. 1010170969 on June 17, 2014
(four days before the election).
“On August 4, 2014 when Fayose became
governor-elect, he deposited the following
amounts in cash himself -N40 million, N36
million, N35 million, N24 million, N20 million
and N14 million, totalling N170 million in one
“So Zenith Bank gave him these funds to lodge
in his account with the bank after becoming
the governor-elect? So which election was the
bank sponsoring?
“The questions are many because Ayo Fayose
was already governorship candidate and
governor-elect during this period and Zenith
Bank could not have been sponsoring him
from their bank and using aircraft to bring cash
from Abuja/Lagos to Akure.”
Aluko also said governor Fayose benefitted
hugely from the cash deployed for Jonathan’s
2015 re-election project with funds coming
from the Office of the National Security
“Ayo Fayose was sworn-in on October 16,
2014.By January 30, 2015 he made cash
deposit of N145 million into the account of
De-Privateer Limited and also on April 18,
2015 he paid cash of N70 million into the
same account.
“The N300 million fixed deposit no.
9013074033 in April 2015 from Abbey in Ayo
Fayose’s name can’t be from Zenith Bank but
from ONSA /Dasuki for presidential campaign
and presidential election.
“These funds were used to purchase choice
properties in Abuja, Lagos and Dubai through
other banks in Ekiti which the Economic and
Financial Crimes Commission (EFCC) is working
on” he said.

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