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Fayose Wins as Court Orders Zenith Bank to Immediately Unfreeze His Account

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Governor Ayodele Fayose has won against the Economic and Financial Crimes Commission as a Federal High Court has ordered Zenith Bank to unfreeze his account.

Governor Ayodele Fayose of Ekiti State
 
A Federal High Court sitting in Ado Ekiti has ordered Zenith Bank to immediately unfreeze the accounts of Ekiti State Governor, Ayodele Fayose.
 
According to the ruling by Justice Taiwo Taiwo, he ruled that the  Economic and Financial Crimes Commission did not follow the laid down regulations in ordering the bank to freeze the accounts.
 
Justice Taiwo Taiwo described the EFCC action as illegal, wrongful, unlawful and unconstitutional: “I hereby give a mandatory order directing the Respondents jointly or severally to immediately de-freeze, unblock and make operational both accounts belonging to the Applicant.”
 
The accounts were frozen by the EFCC in June, this year. The judge said the EFCC action breached the governor’s fundamental rights to fair hearing, as the commission did not make him a party to the proceedings for the interim freezing of the account.
 
He said that the EFCC suppressed facts by not disclosing to the court that granted the interim freezing order that the two accounts that were frozen belonged to Governor who enjoys total constitutional immunity.
 

The post Fayose Wins as Court Orders Zenith Bank to Immediately Unfreeze His Account appeared first on GL Trends.

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Source: Gltrends


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