I am not the owner of $50m discovered by EFCC – Senator Adeola

by Dolapo Adelana

The senator representing Lagos West, Solomon Adeola, has denied ownership of the large sums of money: $38m, N23m and £27,000 discovered by the Economic and Financial Crimes (EFCC) on Wednesday from an apartment in Osborne Towers, Osborne Road, Ikoyi, Lagos State.

In a statement signed by his media adviser, Chief Kayode Odunaro, the senator debunked the allegation that he stashed the cash for his rumoured ambition to be a governor of Ogun state.

The statement reads, “The attention of Senator Solomon Adeola (Lagos West) aka Yayi has been drawn to an online story alleging that the N15 billion in foreign and local currencies discovered by Economic and Financial Crimes Commission, EFCC in an apartment at Osborne Towers in Lagos belong to him.

[Read Also:] How EFCC discovered massive stash of monies in Lagos apartment (WATCH)

“As published by Lagos Herald quoting “Africanreporters” the senator is alleged to have stashed the huge cash for his rumoured ambition to be a governor of a state.

“There is absolutely no iota of truth in this obvious blackmail targeted at destroying the rising profile of the senator who had spent over 14 years in public office without any blemish. We are aware that some politicians are having sleepless nights on his impeccable records as a grassroots democrat and will do anything to eliminate him in their paranoid political equation towards 2019.

“Senator Adeola does not own any house or apartment on Osborne Towers at Osborne Road, Ikoyi and could not have been the owner of the discovered cash in the apartment. The senator will in due course not hesitate to take legal action against anyone unjustly tarnishing his hard earned reputation and image pursuant of his fundamental rights under the constitution.

“The EFCC as a credible anti-corruption organization is doing it statutory duty and I am sure it will soon come out with details of the ownership of the discovered humongous cash.

[Read Also:] I am not the owner of $50m discovered by EFCC – Ex-NNPC MD

“Insinuations attributing Senate decisions on national issues to Senator Adeola shows perfect ignorance of the working of the legislature in a democracy and indeed Senator Adeola as an APC Senator is fully committed to the anti-corruption agenda of President Mohamadu Buhari and APC.”

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