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Reading: EFCC To Appeal Court Verdict Clearing Fayose Of Money Laundering Charges
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News

EFCC To Appeal Court Verdict Clearing Fayose Of Money Laundering Charges

Tobias Sylvester
By
Tobias Sylvester
Published: July 16, 2025
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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:  EFCC Storms Notorious 'Yahoo Boys' Club In Ibadan, Arrests 89 Suspected Internet Fraudsters [Photos]

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.”

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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:  VISA FRAUD: Woman Arrested For Posing As Governor Sanwo-Olu's Aide In Italian Embassy

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
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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
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