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Ikoyi Billions: Amaechi files N2bn suit against Fani-Kayode, Fayose’s aide



The Minister of Transportation, Rotimi Amaechi, has filed a law suit against former Aviation minister, Mr. Femi Fani-Kayode and Lere Olayinka spokesman of Governor Ayo Fayose of Ekiti State, over their comments linking him to the seized N15 billion in Ikoyi.

Rotimi Amaechi

Amaechi also demanded a public apology from Fani-Kayode and Olayinka or payment of the sum of N1.25bn and N750m respectively.

The duo had accused Amaechi of owning the $43 million which the Economic and Financial Crimes Commission (EFCC) found in a Lagos residence.

In separate letters to Fani-Kayode and Olayinka, Lateef Fagbemi, counsel to Amaechi, demanded N1. 5 billion from Olayinka and n500 million from Fani-Kayode.

Fagbemi said his client has never owned a home in Lagos state, and that the “misleading information” was capable of tarnishing Amaechi’s reputation.

“The story as uploaded by you is to our knowledge, blatantly false, malicious and is aimed at impeaching the credit of our client, a two-time speaker of the Rivers state of house of assembly, a two-time governor of Rivers state and current minister of the federation,” read a letter sent to both men.

“Our client neither owns the house where the cash was found and your story and claim are unfounded.”

Amaechi’s counsel said the publication constitutes a libel and is defamatory “aimed at impinging our client’s character and credit in the eyes of Nigerians and foreigners.”


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