Politics

Court Adjourns Ex-Governor Fayose’s Money Laundering Trial

A Federal High Court in Lagos, on Wednesday, further adjourned until March 3, continuation of trial of embattled former Governor of Ekiti State, Ayodele Fayose, facing fraud and money laundering charges.

At the resumed trial on Wednesday, originally scheduled to run through Friday, Feb.25, the court however, further adjourned the case until March 3, due to absence of the trial Judge. Fayose is being prosecuted by the Economic and Financial Crimes Ccommission (EFCC) over N6.9 billion fraud and money laundering charges.

He was first arraigned on Oct. 22. 2018, before Justice Mojisola Olatotegun, alongside his company, Spotless Investment Ltd, on 11 counts bordering on fraud and money laundering offences.

He had pleaded not guilty to the charges and was granted bail on Oct. 24, 2018, in the sum of N50 million with sureties in like sum.

The defendant, was however, subsequently, re-arraigned before Justice Chukwujekwu Aneke, on July 2, 2019, after the case was withdrawn from Justice Olatoregun, following EFCC’s petition.

He had also pleaded not guilty to the charges and was allowed to continue on the earlier bail granted, while the case was adjourned for trial.

The commission has since opened its case before Justice Aneke, and is still leading witnesses in evidence.

At the last adjourned date in December 2021, EFCC had called its 11th witness, one Mrs Joanne Tolulope, who had narrated how Abiodun Agbele, an associate of Fayose, bought properties worth several millions.

Trial will now continue on March 3, being the next adjourned date.

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