A Federal High Court sitting in Ado Ekiti has ordered Zenith Bank to immediately unfreeze the accounts of Ekiti State Governor, Ayodele Fayose.
Justice Taiwo Taiwo said the Economic and Financial Crimes Commission (EFCC) did not follow the laid down regulations in ordering the bank to freeze the accounts.
Reacting to the order, the EFCC, in a statement signed by the Head Media and Publicity, Wilson Uwujaren, said it would appeal the ruling.
The statement said:
The attention the Economic and Financial Crimes Commission has been drawn the order by Justice Taiwo Taiwo of the Federal High Court, Ado Ekiti, Ekiti state asking it to defreeze the accounts of Governor Ayo Fayose in Zenith Bank.
While the Commission awaits the certified copy of the ruling, it is important to point out that this order contradicts another order by Justice M. B Idris of the Federal High Court, Lagos which gave the Commission the nod to freeze the accounts pending the conclusion of investigation.
This order from a court of coordinate jurisdiction was not set aside by Justice Taiwo.
In spite of this, the Commission has taken immediate step to appeal the order by Justice Taiwo
