N9.9 Billion Investigation: EFCC Raids Residence of Former Lagos Governor, Ambode

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SWITZERLAND, AUGUST 20 – Operatives of the Economic and Financial Crimes Commission(EFCC) have raided the residence of the immediate past governor of Lagos State, Akinwunmi Ambode at Epe.

Today’s Echo gathers that the move may be connected to a N9.9 billion fraud investigation being conducted by the EFCC. The commission said it was investigating a petition it received against the former Lagos governor.

Recall Today’s Echo had reported that the EFCC had gotten a Federal High Court to freeze three bank accounts allegedly linked to the  former governor, who had a fall out with his political godfather, Asiwaju Bola Tinubu in the run-up to the 2019 gubernatorial elections.

According to the EFCC, N9.9 billion was paid from the state government’s accounts into the FCMB account opened on September 17, 2018, and operated by Adewale Adesanya, the permanent secretary in the Office of the Chief of Staff to Mr Ambode.

The anti-graft commission urged the court to freeze the account pending the conclusion of their investigation and possible prosecution of Mr Adesanya.

Confirming the raid, Tony Orilade, EFCC spokesperson told TheCable that the commission is investigating the administration of Ambode.

“Yes, we received petitions regarding the governor, and we are investigating,” Orilade said.

Today’s Echo gathers that residents came out in solidarity protested the raiding of Ambode’s house by the EFCC agents and resisted their entry. A source also revealed to Today’s Echo that the house of one of  top aides to Ambode who resides at Agric area in Papa, Epe, was also searched by the EFCC.

Below is an alleged video of the siege on Ambode’s residence.

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