Femi Fani-Kayode, former minister of Aviation and Chieftain of the Peoples Democratic Party (PDP), has claimed that the Minister of Transport, Hon. Rotimi Amaechi, owned the Lagos properties where Economic and Financial Crimes Commission (EFCC) recovered huge sum of cash on Wednesday, April 12.
“The $43 million is Rotimi Amaechi’s. He owns the flat it was found in too. NIA story is fake news! NIA does not keep cash in Minister’s flats!”, Fani-Kayode said on his twitter timeline.
AIT News had earlier reported that a sting operation by the anti-graft agency in a residential building in the 7th Floor of a four – bedroom apartment at Osborne Towers located at 16, Osborne road Ikoyi led to the recovery of huge cash in different currencies, which was said to belong to former PDP chairman, Adamu Mu’azu
Bankers were brought in with their counting machines and the total amount was put at $43.4m, £27,800 and N23.2m.
Mu’azu, who was the governor of Bauchi state from 1999 to 2007, however said he took a bank loan to acquire the land where the house was built, and eventually had to sell it to pay back the loan.
He said: “My attention has been drawn to the news making the rounds that I own the building on No.16 Osborne Road, Ikoyi, Lagos. I want to state clearly that I built the said property and sold to prospective buyers of individual flats.
“I have been a property developer since 1983 and I have developed and sold several properties all over the world, the property in queation happens to be one of them. I acquired the land and jointly develop it using a bank loan, I obtained about nine (9) years ago.
“However all the flats have been sold to prospective buyers inorder to pay back the loan. I do not own or occupy any of the apartments. I sold all the apartments through established estate agents as such I have no knowledge or interest in who purchases or rents any of the flats.”
Mu’azu commended the EFCC for the fight against corruption, stating that he believes they will reveal the real owner of the apartment, where the monies were found.