Court Adjourns Case As Fayose Pleads Not Guilty For Alleged Money Laundering

The Federal High Court in Lagos led by Justice Mojisola Olatoregun has adjourned the case of the immediate past governor of Ekiti State, Ayodele Fayose, till Wednesday, October 24, 2018.

Mr Fayose was on Monday arraigned on an 11-count charge by the Economic and Financial Crimes Commission (EFCC), over alleged money laundering.

The former governor pleaded not guilty to all the charges.

Fayose who arrived the court this morning, around 8:30 am, was brought in by officials of the EFCC.

Fayose has been in the detention of the EFCC for the past 5 days.

When the charges were read to him, he pleaded not guilty. His counsel, Kanu Agabi, filed a bail application on behalf of his client but the presiding judge, Mojisola Olatoregun rejected his bail application and ordered that Fayose should remain in EFCC custody till Wednesday.

The anti-graft agency is accusing Fayose of benefitting from about five billion dollars funds allocated by the Office of the National Security Adviser during the previous administration.

The prosecution and defendant counsels, however, declined an interview with journalists after the court section.

The case was adjourned to Wednesday.