News

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.

Tobias Sylvester

Tobias Sylvester is the news editor for Kanyi Daily News and is based in Lagos. Contact Tobias at editor@kanyidaily.com. Got a confidential tip? Submit it here

Recent Posts

“My Father’s Wealth Was Big Challenge To Me When I Started Music” – Davido [Video]

Nigerian superstar, Davido claims that his achievements in the entertainment industry are rooted in his…

53 mins ago

Why Tinubu Appointed Jim Ovia As Chairman Of Nigerian Education Loan Fund

President Bola Tinubu has appointed an esteemed banker and entrepreneur, Jim Ovia, as the Chairman…

2 hours ago

Veteran Actor, Ganiyu Oyeyemi ‘Ogunjimi’ Is Dead

Nollywood has lost one of its veteran actors with the death of Ganiyu Oyeyemi, popularly…

3 hours ago

Mohbad’s Father Allegedly Pastes Court Order For DNA Test On Wunmi’s Gate

Joseph Aloba, the father of the late singer Mohbad, has reportedly pasted a court summons…

17 hours ago

Former Lawmaker And Journalist, Sidi Ali Is Dead

A Second Republic lawmaker and veteran Journalist, Sidi Ali, passed away on Thursday evening at…

17 hours ago

Why We Agreed On N615,000 As New Minimum Wage For Workers – TUC, NLC

The president of the Trade Union Congress (TUC), Festus Osifo, has shed light on the…

18 hours ago