Exposed : How Festus Keyamo obtained properties through untraceable source of wealth
How Festus Keyamo obtained properties through untraceable source of wealth: SaharaReporters
has obtained a document exposing Nigerian Minister of State for Labour and Employment, Festus Keyamo,
for purchasing a property worth over $359,000 in Texas, USA with no traceable income that could justify
the purchase. Keyamo, who had previously served as a prosecutor with the Economic and Financial
Crimes Commission (EFCC), acquired the property at 5509 Silver Canyon LN TX 77583 in Savannah
Trace, just a few years after being appointed as a minister. This raises questions about how Keyamo could afford such an expensive property on a minister’s salary.
The revelation has sparked outrage from Nigerians, who are demanding an explanation from the minister. Many are also questioning his credibility as an anti-corruption prosecutor, given that he appears to have amassed significant wealth in a short period of time without any clear source of income.
How Festus Keyamo obtained properties through untraceable source of wealth:the source
A top source questioned how much Keyamo was earning as a minister, barely two years after his appointment, and pointed out that he had stopped practicing law because of his appointment. Keyamo had handled several high-profile corruption cases for the EFCC, including a case involving former Governor Timipre Sylva of Bayelsa State, which he withdrew from in 2016 due to developments that could hinder his ability to prosecute the case effectively.
In January 2023, Keyamo had written to the anti-graft agencies, Independent Corrupt Practices and other related offences Commission (ICPC), EFCC, and Code of Conduct Bureau (CCB) to arrest, interrogate, and prosecute the presidential candidate of the People’s Democratic Party (PDP), Atiku Abubakar, for alleged fleecing of public funds. He gave the agencies 72 hours to initiate arrest, investigation, and possible prosecution of the former vice president.
high court
In a suit filed at an Abuja Federal High Court against the CCB, ICPC, and EFCC, Keyamo had prayed the court to make a mandatory order compelling the anti-graft agencies to invite and/or arrest, investigate and (if found wanting) prosecute Atiku. He accused Atiku of secretly diverting and misappropriating public funds between 1999 and 2007 when he served as vice president.
Many Nigerians are now questioning Keyamo’s motives for going after Atiku, given his own questionable wealth and lack of transparency about his income. Some are calling for an investigation into Keyamo’s finances and assets, while others are questioning his suitability for public office.