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EFCC alleged that a large portion of the money, along with some money from the Ekiti State coffers, was used to buy Fayose’s Abuja and Lagos properties, with Agbele as the frontman.
The EFCC says it has now discovered that the two houses in Abuja were bought with bank loans from Skye Bank and Zenith Bank, to make the source of the look money legitimate on the surface.
However, the stolen money, the Commission says, was used to offset the bank loans.
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