Akinwunmi Ambode Denies Fraud Allegations

ambodeLagos State governor, Akinwunmi Ambode
  • Akinwunmi Ambode Denies Fraud Allegations

The former Governor of Lagos State, Mr Akinwumi Ambode, has come out to denied the widely publicised fraud case.

Ambode, through his media aide Habib Aruna, said none of his accounts contained N9.9 billion or being investigated by the EFCC.

The former governor said his record was clear and he has no plan to join issues with the EFCC as there had been no communication between himself and the commission on the issue.

Ambode, however, said the accounts that were frozen by the Lagos High Court belong to the Lagos State Government and not him or any other person.

“Those accounts were opened in the course of normal operations by the Lagos State Government for its administrative purposes and not for the former governor’s personal transactions as was being wrongly insinuated and have been operated to ensure smooth operations of government activities by previous and present administrations. The former governor was not and will never be involved in any unauthorized use of government property and resources.

“We strongly believe that after four demanding years as Chief Executive of Lagos State, Mr. Ambode is entitled to some deserved rest with his family and loved ones without the unwarranted attacks on his well-earned reputation,” the statement said.

About the Author

Samed Olukoya
CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade long experience in the global financial market. Contact Samed on Twitter: @sameolukoya; Email: [email protected]

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