April 23, (THEWILL) – The Minister of State for Labour and Employment, Festus Keyamo, has denied using stolen funds to purchase properties abroad.
Keyamo was reacting to a trending video on social media of a property in the United States, linked to him.
In the video, the Minister was seen exercising in front of the US property said to be expensive.
However, Keyamo confirmed that the property belonged to him, adding that he purchased it using proceeds from his legal practice.
In a statement on Twitter, the Minister explained that he was only trying to bait those he called sore losers at the last elections with a video of his vacation in “one of my properties abroad.”
According to Keyamo, “They fell so terribly for the bait, they seem to view everyone from their depraved universe and assume everyone will wallow in the same moral squalor as them.”
Explaining how he purchased the US property, Keyamo said he had, on March 6, 2019, written to the relevant government agencies, informing them of the closure of his foreign account(s) and the repatriation of the funds to the country, “being some savings I had made as a private legal practitioner and a property investor over decades.”
Keyamo explained that the foreign funds were lying in his accounts before he became a Minister in 2019 and that he later used it to purchase the property.
He maintained that the purchase of his properties abroad did not involve any illegal funds, but rather were from legitimate sources.
