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Ekiti panel indicts Fayemi, bank for bond, SUBEB fraud

The Ekiti State Judicial Commission of Inquiry set up by the state government to probe financial transactions of the state between 2010 and 2014 has submitted its report.

The panel, headed by Justice Silas Oyewole (retd.),  submitted the report to Governor Ayodele Fayose on Wednesday.

The panel, in its report, asked former governor Kayode Fayemi to account for the whereabouts of N2.75bn allocated from the N25bn bond obtained by the government for the construction of an ultra-modern market in Ado Ekiti, which was allegedly never executed.

The commission also said the contractor that handled the furnishing of the government house built by the Fayemi administration should be made to refund N324.8m to the government.

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