Kanyi Daily NewsKanyi Daily NewsKanyi Daily News
  • Home
  • News
    • Politics
    • Crime
    • Sports
    • Nigerian News
    • Photospeaks
      • Instagrammers
      • Twitteratti
    • Videos
  • Entertainment
    • Celebrities
    • Interviews
    • Events
    • Magazine Covers
    • Reality TV
    • Spotlight
  • Kanyi TV
  • Business
  • Sports
  • Lifestyle
    • Fashion
      • Fashion For Women
      • Fashion For Men
      • Who Wore It Better
      • Fashion We Like
      • Love Or Hate It
      • Style By
      • Style Star
    • Travel
    • Tech & Gadgets
    • Beauty
      • Makeup
      • Beauty Tips
      • Nails
    • Tips Tuesday / Life Hacks
  • Career
    • Girl Boss
    • Man Inspiration
    • Wonder Woman Wednesday
    • Man On A Mission Monday
    • Career Tips
    • Business
    • Money & Finance Tips
    • Jobs
  • MORE
    • Health
    • Education
    • Humanity
    • Relationship
    • Couples In Love
    • Dating
Reading: EFCC To Appeal Court Verdict Clearing Fayose Of Money Laundering Charges
Font ResizerAa
Font ResizerAa
Kanyi Daily NewsKanyi Daily News
  • Home
  • News
  • Celebs
  • Business
  • Crime
Search
  • Home
  • News
    • Politics
    • Crime
    • Sports
    • Nigerian News
    • Photospeaks
    • Videos
  • Entertainment
    • Celebrities
    • Interviews
    • Events
    • Magazine Covers
    • Reality TV
    • Spotlight
  • Kanyi TV
  • Business
  • Sports
  • Lifestyle
    • Fashion
    • Travel
    • Tech & Gadgets
    • Beauty
    • Tips Tuesday / Life Hacks
  • Career
    • Girl Boss
    • Man Inspiration
    • Wonder Woman Wednesday
    • Man On A Mission Monday
    • Career Tips
    • Business
    • Money & Finance Tips
    • Jobs
  • MORE
    • Health
    • Education
    • Humanity
    • Relationship
    • Couples In Love
    • Dating
Follow US
© 2026 Kanyi Media.
News

EFCC To Appeal Court Verdict Clearing Fayose Of Money Laundering Charges

Tobias Sylvester
By Tobias Sylvester
Published: July 16, 2025
SHARE

The Economic and Financial Crimes Commission (EFCC) says it plans to appeal the court ruling that cleared former Ekiti State Governor, Ayodele Fayose, of money laundering and fraud charges.

EFCC To Appeal Court Verdict Clearing Fayose Of Money Laundering Charges

Justice Chukwujekwu Aneke, who delivered the ruling on Wednesday, upheld Fayose’s no-case submission, stating that the EFCC failed to present enough evidence to justify continuing the trial.

Reacting to the judgment, EFCC lawyer Rotimi Jacobs said the legal team will obtain a certified copy of the judgment and begin the process of filing an appeal.

In a statement shared on its official X (formerly Twitter) handle, the EFCC confirmed it is reviewing the decision and has started preparing its legal team for the next steps.

READ:  Lady Causes A Scene At Eatery After Her Boyfriend Of 5 Years Ended Their Relationship [Video]

The statement reads, “Sequel to the judgement of Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos on Wednesday, July 16, 2025, acquitting and discharging a former Governor of Ekiti State, Mr. Ayo Fayose from an alleged money laundering case preferred against him by the Economic and Financial Crimes Commission, EFCC, the Commission wishes to state that it is already studying the ruling and preparing for an appeal.

“The former governor was re-arraigned on Tuesday, July 2, 2019, alongside Spotless Investment Limited on an 11-count charge bordering on money laundering and stealing to the tune of N6.9bn ( Six Billion Nine Hundred Naira).

“The EFCC reaffirms its commitment to the rule of law as it briefs its counsel to appeal the judgement.”

READ:  Nnamdi Kanu’s Lawyers Stages Walkout As Court Adjourns His Trial To January Next Year

Alleged N6.9bn Fraud: EFCC to Appeal Fayose’s Acquittal

Sequel to the judgment of Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos on Wednesday, July 16, 2025, acquitting and discharging a former Governor of Ekiti State, Mr. Ayo Fayose from an… pic.twitter.com/H82j21ZDS3

— EFCC Nigeria (@officialEFCC) July 16, 2025

KanyiDaily recalls that Ayodele Fayose was re-arraigned on 2 July 2019, alongside his company, Spotless Investment Limited, on an 11-count charge bordering on money laundering and theft.

READ:  Aminu Mohammed Released From Prison As Aisha Buhari Withdraws Case Against Him

Read Also:👇🏾

  1. Fayose Says He Will Visit The EFCC With His Bedclothes, Pillowcase And Bible In Case He’s Detained
  2. Fayose And Team Storms EFCC Office Wearing A Bold ‘EFCC I’m Here’ Statement T-Shirt
  3. Fayose Reportedly Detained By EFCC, See How Nigerian Are Reacting As Fayose Spends Days In EFCC Custody
  4. Did EFCC Chairman ‘Ibrahim Magu’ Actually Wished Fayose Death By Saying “Nothing Will Happen If Fayose Die”?

TAGGED:Ayodele FayoseEFCCNews
ByTobias Sylvester
Follow:
Tobias Sylvester is the news editor for Kanyi Daily News and is based in Lagos.Contact Tobias at [email protected] a confidential tip? Submit it here
Previous Article Atiku Abubakar Resigns From PDP Over 'Irreconcilable Differences' Atiku Abubakar Resigns From PDP Over ‘Irreconcilable Differences’
Next Article Buhari And Aisha Were Divorced Before His Death - Farooq Kperogi Reveals Buhari And Aisha Were Divorced Before His Death – Farooq Kperogi Reveals
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

FacebookLike
XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow
WhatsAppFollow

Latest Post

Bible Never Said A Child Of God Can't Have Tattoo – Pastor Kingsley Okonkwo [Video]
Bible Never Said A Child Of God Can’t Have Tattoo – Pastor Kingsley Okonkwo [Video]
NLC, TUC Suspend Planned Protest, Ask FCTA Workers To Resume Work
NLC, TUC Suspend Planned Protest, Ask FCTA Workers To Resume Work
Qatar Unveils $2bn Startup Fund Expansion and 10-Year Residency for Entrepreneurs at Web Summit 2026 2
Qatar Unveils $2bn Startup Fund Expansion and 10-Year Residency for Entrepreneurs at Web Summit 2026
Web Summit Qatar 2026: Sheikha Moza Calls for Protecting Language and Identity in AI Era 4
Web Summit Qatar 2026: Sheikha Moza Calls for Protecting Language and Identity in AI Era
Web Summit Qatar 2026 Opens in Doha as Global Tech Power Shifts Take Centre Stage 6
Web Summit Qatar 2026 Opens in Doha as Global Tech Power Shifts Take Centre Stage
Nigerian Man Killed In Battle Field While Fighting For Russia Against Ukraine
Nigerian Man Killed In Battle Field While Fighting For Russia Against Ukraine
Malami Asks Court To Dismiss Interim Forfeiture Order On His Seized Properties
Malami Asks Court To Dismiss Interim Forfeiture Order On His Seized Properties
Court Bars NLC, TUC And Three Others From Holding Strike Or Protest Against Wike
Court Bars NLC, TUC And Three Others From Holding Strike Or Protest Against Wike
Actress Kelly Kosisochukwu Finds Snake Hanging In Her Kitchen [Video]
Actress Kelly Kosisochukwu Finds Snake Hanging In Her Kitchen [Video]
South Africa Disconnects Electricity At Nigerian High Commission Over ‘Unpaid Bills’
South Africa Disconnects Electricity At Nigerian High Commission Over ‘Unpaid Bills’
- Advertisement -
Ad imageAd image

Follow Our News Page On Facebook

Follow our entertainment Page on Facebook

"Nigerians Will Plead With Tinubu For Second Term" - APC Women Leader, Betta Edu
Politics

“Nigerians Will Plead With Tinubu For Second Term” – APC Women Leader, Betta Edu

"Kogi People Will Not Take COVID Vaccine, We Are Not Guinea Pigs" - Governor Yahaya Bello 8
News

“Kogi People Will Not Take COVID Vaccine, We Are Not Guinea Pigs” – Governor Yahaya Bello

US Operation In Venezuela Violated International Law - United Nations
World News

US Operation In Venezuela Violated International Law – United Nations

Nigerian Air Force Reveals Identities Of Two Officers Killed In Kaduna Aircraft Crash
News

Nigerian Air Force Reveals Identities Of Two Officers Killed In Kaduna Aircraft Crash

NFF Reveals Why Bruno Labbadia Won't Be Super Eagles New Coach 3 Days After His Appointment
Sports

NFF Reveals Why Bruno Labbadia Won’t Be Super Eagles New Coach 3 Days After His Appointment

University Staff Connives With His Cult Group To Kill Colleague Over N70,000 In Benue 10
Metro

University Staff Connives With His Cult Group To Kill Colleague Over N70,000 In Benue

Accord Party Candidate, Kennedy Iyere Withdraws From Edo Governorship Election
NewsPolitics

Accord Party Candidate, Kennedy Iyere Withdraws From Edo Governorship Election

PHOTOSPEAKS

UK Deports 120 Nigerians On A Chartered Cargo Plane

IPOB Finally Reveals Its Sponsors, Speaks On 'Abduction' Of Uche Nwosu In Imo State
News

IPOB Finally Reveals Its Sponsors, Speaks On ‘Abduction’ Of Uche Nwosu In Imo State

Governor Soludo Approves Establishment Of Bureau Of Missing Persons In Anambra
News

Governor Soludo Says His First 100 Days In Office Have Been ‘Bumpy And Challenging’

Biafra Day: Nnamdi Kanu Thanks South-East Governors For Success Of Sit-At-Home Order 12
News

Biafra Day: Nnamdi Kanu Thanks South-East Governors For Success Of Sit-At-Home Order

"I Now Rely On Sex Work To Survive" - Nigeria Female Police Constable Laments
Metro

“I Now Rely On Sex Work To Survive” – Nigeria Female Police Constable Laments

Kanyi Daily News: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more.

Got a hot news tip or found something interesting you’d like us to feature? Hit us up with the details.

  • About KanyiDaily.com
  • Advertise
  • Claims of Infringement
  • Conditions Of Use
  • Contact Us
  • Media Inquiries
  • SUBMIT YOUR STORIES!
  • Tech Issues
  • Write For Kanyi Daily
  • Advertising Policy
  • Comment Policy
  • Editorial Policy
  • Privacy Policy
  • FAQ – Frequently Asked Question
Follow US
Kanyi Media 2026.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?