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‘EFCC After Me Because I Abused Magu’ Isaac Fayose

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6 years ago

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The chairman of Anis Security, Isaac Fayose has hit back at the EFCC in what he termed an intimidation that stemmed from his criticism of the commission’s chairman, Ibrahim Magu and his mode of operation.
The businessman who was arrested by the EFCC about a week ago on an allegation of duping one Joe Onyiuke of a sum of 17 Million Naira  called the allegation  a cheap blackmail.
Isaac’s official response to EFCC reads…
Sometime in 2008, one Joe Onyuike subleted a plaza from me at 8m a year, for 12 rooms hotel, night club of a capacity of 500 people , Chinese restaurant and a garden…. When he came I already had a tenant in the club,  Mr Wanta who paid 6 months rent on the club, at 500k a month times 6 months plus 300k agency fees totaling 3.3million, and I  had Mr. Patrick Osobase  who paid 3million for the club for 6 months rent, and 300k to the agents making 3.3million.
Mr Joe Onyuike came for the Chinese restaurant and the garden he later changed his mind saying, he would sort the existing tenants and take control of the whole complex.  He offered me 8million a year and 2 years rent instead of collecting 6 months rent offer which I agreed, on condition that he would pay an interest of 300k extra  to the 3 existing tenants.  They all agreed  and he made a draft for them from the 16million rent.
3 months later,  Mr Joe Onyuike came back to me and asked me to return a year rent back,  he took me to court and I won the case. The Judge ordered that my 6.5m be paid back.
Since then we have been  in court and we are currently at the Court of Appeal.
In 2008, I was invited by EFCC and SFU  to ascertain the property is genuine and the transaction is pure with no criminal intention, of which I was given a clean bill, that it is purely a civil matter, and we should thrash it out in the court of law.
To my surprise in 2014 , when my brother won the election in Ekiti State , the same Mr Joe Onyuike, went to Special Fraud Unit in Lagos to make the same complain of which I was arrested and after investigation I was given another clean bill that it is a civil matter. In June 2019,  I was invited by the same EFCC that gave me a clean bill in 2009!!! 10 years after , they claimed they have criminal evidences now which they didn’t show me and they served me a court process that  they stated was prepared since January 2019.
On Thursday, the 4th of July , 2019,
I was arraigned at the High Court Lugbe  and I got a bail on Friday.
The property in question is in Jabi Abuja, opposite the lake and it is still existing till date with a value worth up to 7 billion naira owned since 1995, by my late mother in-law, which I leased for 6 years and I paid for the lease and renovated the place to  standard before mr Joe Onyuike came on board.
In a chat with papermacheonline, Isaac asked  ‘how would I dupe my tenant? The case is in court,  go and verify if the EFCC is speaking the truth. Check all the documents and see who is lying.  The judge told them this to their faces that they had no case against me’.
When asked what could have prompted his arrest, Isaac claimed ‘did you forget the time they took my brother, Ayo Fayose to court? I was the one that mobilised his supporters and I was there that day attacking the EFCC, I was there calling out their boss, Magu and I think that was my offence. The newspapers and television captured me saying the truth against Magu…that’s my sin. Since then it has been one issue over another. I’m a clean businessman, go and check my records. They can’t use me to disgrace my brother’ he fumed.
Isaac explained he called out the EFCC boss because he felt he was trying to victimise his brother, ‘I am loyal to my brother and cannot stand it when they were plotting evil against him. Fayose stands for the truth and he is not a coward, we know the reason behind all the cheap blackmails.
Isaac was granted a bail by Justice Mohammed after pleading not guilty to the charges against him. His lawyer argued that the said property is owned by Isaac Fayose and it’s beyond understanding why a tenant would allege that his landlord duped him.
The case was subsequently adjourned to September 26, 2019.
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Ajimobi’s Eldest Child, Bisola Dies In The UK

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1 month ago

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March 27, 2025

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Late Governor Ajimobi’s first child, Bisola is dead!

 

News filtered in early Thursday, March 27, 2025 that Bisola,42 died after a brief illness in the United Kingdom.

 

The late woman before her death was the special adviser to the Minister of Budget and Planning, Atiku Bagudu.

 

Married to Kolapo Kola-Daisi, their marriage is blessed with three children.

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EFCC Arrests Top Businesswoman, Aisha Achimugu

Published

2 months ago

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March 13, 2025

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The Economic and Financial Crimes Commission (EFCC) recently arrested prominent businesswoman and socialite, Aisha Achimugu, following allegations of fraudulent activities related to a multi-million-naira contract awarded to her company by a South-West state.

Achimugu, who serves as the Chairman of Bluewave Exploration and Production Limited, was detained last weekend after a civil society group filed a petition accusing her of involvement in dubious dealings concerning the contract. She was granted bail the following day but has been instructed to return for further questioning in the coming week.

Beyond her corporate endeavors, Achimugu is well-known in elite circles across Lagos and Abuja. Her social media presence showcases a lavish lifestyle, featuring exotic vacations, exclusive yacht parties, and private jet travels.

This arrest marks a significant challenge for Achimugu, whose business empire and social standing are now under intense public scrutiny. The EFCC’s investigation is ongoing, and the outcome may have far-reaching implications for her career and reputation.

A source hinted that Achimugu was asked by the commission to report back on the 30th of March,2025 for further questioning.

Not really bothered by the investigation, the billionaire days after her arrest launched a 30-day feeding Ramadan programme where she targets the less-privileged.

 

Additional Information- Streetjournal Magazine

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Obasa Missing as Lagos Assembly Sits, Lauds President Tinubu

Published

3 months ago

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February 7, 2025

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The Lagos State House of Assembly convened for a crucial legislative session yesterday, but an unexpected absence stole the spotlight, the ousted Speaker Mudashiru Obasa was nowhere to be seen. The sitting, which focused on key legislative matters and a commendation of President Bola Ahmed Tinubu’s leadership, went on without Obasa, raising eyebrows among lawmakers and political observers alike.

New Speaker Mojisola Meranda presided over the proceedings, ensuring the session ran smoothly. During deliberations, the lawmakers took turns applauding President Tinubu for his strides in governance, particularly his economic and infrastructural policies aimed at revitalizing Lagos and Nigeria as a whole. However, whispers about Obasa’s absence could not be ignored.

Sources within the Assembly remained tight-lipped on the reason for his nonappearance, fueling speculation.

As lawmakers dispersed after the session, the big question lingered where was  Obasa? For now, the mystery remains, but all eyes will be on the next sitting to see if the seasoned politician resurfaces.

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