Patrick Ayo Akinyelure is a

Nigerian Nigerians or the Nigerian people are citizens of Nigeria or people with ancestry from Nigeria. The name Nigeria was taken from the Niger River running through the country. This name was allegedly coined in the late 19th century by British jour ...

banker who was elected to the Nigerian Senate for the Ondo Central district in

Ondo State Ondo State ( yo, Ìpínlẹ̀ Oǹdó) is a state in southwestern Nigeria. It was created on 3 February 1976 from the former Western State. It borders Ekiti State to the north, Kogi State to the northeast, Edo State to the east, Delta State to t ...

in the 9 April 2011 elections running on the Labour Party ticket (he was subsequently re-elected to the same position). Ayo is an approved tax practitioner of the

Chartered Institute of Taxation of Nigeria The Chartered Institute of Taxation of Nigeria (CITN) is a professional organization in Nigeria whose members are certified as qualified tax practitioners or administrators. Organization The CITN was formed in February 1982 and chartered by the ...

. He was Group Executive Chairman of the Allover Group, a

microfinance Microfinance is a category of financial services targeting individuals and small businesses who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings ...

lender, from 1994 to 2010. In January 2011 he denied that officials of the

Economic and Financial Crimes Commission The Economic and Financial Crimes Commission (EFCC) is a Nigerian law enforcement agency that investigates financial crimes such as advance fee fraud (419 fraud) and money laundering. The EFCC was established in 2003, partially in response to pre ...

(EFCC) had investigated him over the withdrawal of the bank's licence by the

Central Bank of Nigeria The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. The major regulatory objectives of the bank as stated in the CBN Act are ...

. Patrick Ayo Akinyelure was Labour party candidate for the Ondo South Senatorial seat in April 2007. In July 2008 an Election Petition Tribunal in

Akure Akure is a city in south-western Nigeria. It is the capital and largest city of Ondo State. The city had a population of 403,000 as at the 2006 population census. History Pre 1914 Rock engravings dating back to the Mesolithic period, ha ...

nullified the election of Senator

Gbenga Ogunniya Gbenga Ogunniya (born September 1949) was elected Senator for the Ondo Central constituency of Ondo State, Nigeria on the Alliance for Democracy (AD) platform, taking office on 29 May 1999. Switching parties, he was reelected in 2003 and 2007 o ...

of the

People's Democratic Party People's Democratic Party or ''variant thereof'', could refer to: * People's Democratic Party of Afghanistan *People's Democratic Party (Belize) *People's Democratic Party (Bhutan) *People's Democratic Party (Chile) * People's Democratic Party (Dom ...

(PDP) based on Akinyelure's petition. Ogunniya succeeded in appealing this decision. In the 9 April 2011 elections, Akinyelure ran again and this time was elected with 113,292 votes, ahead of Gbenga Ogunniya of the PDP with 41,783 votes.

References

{{DEFAULTSORT:Akinyelure, Patrick Ayo Living people Members of the Senate (Nigeria) People from Ondo State Labour Party (Nigeria) politicians Yoruba politicians Year of birth missing (living people) Place of birth missing (living people)