Former Ekiti State Governor Ayo Fayose may lose at least six choice assets – if a court agrees with the Economic and Financial Crimes Commission (EFCC) claims against him.
It may apply for permanent forfeiture of the assets in Lagos and Abuja.
But Fayose has dismissed EFCC claims and rejected bail from the agency, saying they should take him to court for the court to grant him a proper bail.
Fayose is being detained in connection with the ongoing probe of N4.685billion allocated to some Politically Exposed Persons (PEPs) by the Office of the National Security Adviser (ONSA).
Of the cash, detectives traced N2.0030billion to ex-Deputy Governor Iyiola Omisore, N685million to a former Minister of State for Defence, Sen. Musiliu Obanikoro and N1.3billion and $5.377million (at the exchange rate of N168 to $1) to Fayose.
Both Omisore and Obanikoro had been quizzed. Fayose has refused to cooperate with the anti-graft agency.
According to a source, the commission may approach the court for permanent confiscation of six properties of Fayose to recover N1.3billion and $5.377million allegedly collected by the ex-governor.
The assets are located in 44, Osun Crescent and 32, Yedseram Street in Maitama, Abuja; and houses 3, 4, 6, and 9 in Plot 100, Tiamiyu Savage Street, Victoria Island, Lagos.