The Economic and Financial Crimes Commission (EFCC) has re-arraigned the former Governor of Ekiti State, Ayodele Fayose, before a Federal High Court sitting in Ikoyi, Lagos.
Fayose and and his company, Spotless Limited, were re-arraigned on Thursday, December 2, before Justice Chukwujekwu Aneke on 11 counts bordering on money laundering and non-declaration of assets.
In the amended charge filed by the EFCC on November 25, 2021, Fayose and one Abiodun Agbele, who is also standing trial on alleged money laundering offences before another division of the court, were alleged to have on June 17, 2014, taken possession of N1.219 billion to fund Fayose’s 2014 gubernatorial campaign in Ekiti State.
They were accused of committing criminal breach of trust, theft, and stealing of public funds which are contrary to sections 15(2)(d), 1 and 16(d) of the Money Laundering (Prohibition) Act, 2011 as amended, and punishable under section 15(3)(4), 16(2)(b) of the same Act.
Fayose denied the allegations and pleaded not guilty to all the 11 counts after which they were allowed to continue with the previously granted bail terms.
Before his re-arraignment, Mrs Joanne Tolulope, one of the 11 witnesses being called by the EFCC, while being cross-examined by Fayose’s counsel, Ola Olanipekun (SAN), affirmed that her company, Still Earth Limited, only dealt with Mr Abiodun Agbele, Fayose’s associate.
After the cross-examination, the EFCC’s counsel, Mr Rotimi Jacobs (SAN), informed the court that a newly amended charge had been filed and he sought the court’s permission to re-arraign Fayose.
Fayose and his company were subsequently re-arraigned on the 11 counts bordering on money laundering and non-declaration of assets.
Fayose’s trial will continue on Friday before Justice Aneke, as the EFCC will be calling 12 witnesses to testify against him.
KanyiDaily recalls that Governor Ayodele Fayose had disclosed that his next ambition in life “is to become Nigeria’s president or a cleric”.
The Economic and Financial Crimes Commission (EFCC) has disclosed that the American International School Abuja…
The Supreme Court of Nigeria has ruled in favor of Mr. Patrick Arueze, against P-Square…
Apostle Chibuzor Chinyere, the General Overseer of the Omega Power Ministry, has declined to accept…
Nigerian superstar, Davido claims that his achievements in the entertainment industry are rooted in his…
President Bola Tinubu has appointed an esteemed banker and entrepreneur, Jim Ovia, as the Chairman…
Nollywood has lost one of its veteran actors with the death of Ganiyu Oyeyemi, popularly…