BREAKING NEWS

Judge’s absence stalls Fayose’s fraud trial

The scheduled N2.2bn fraud trial of a former governor of Ekiti State, Ayodele Fayose, and a firm, Spotless Investment Limited, was stalled on Thursday before the Federal High Court in Lagos as the trial judge, Justice Chukwujekwu Aneke, did not sit.

Justice Aneke and other judges of the court were said to be away on a valedictory court session in honour of a retired judge, Justice Saliu Saidu.

Fayose’s trial was consequently adjourned till April 26, 27, 28, 2021.

In the charges, the EFCC alleged, among other things, that Fayose, on June 17, 2014, “took possession of the sum of N1, 219, 000,000 to fund your 2014 gubernatorial campaign in Ekiti State, which you reasonably ought to have known formed part of the proceeds of an unlawful act, to wit: criminal breach of trust/stealing.”


The ex-governor was also alleged to have on the same day “received a cash payment of $5,000,000 from Senator Musiliu Obanikoro, the then Minister of State for Defence, which sum exceeded the amount authorised by law and you thereby committed an offence contrary to sections 1 and 16(d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 16 (2)(b) of the same Act.”

The EFCC also alleged that Fayose purchased a property known as No.44, Osun Crescent, Maitama, Abuja, for N200m in the name of “your elder sister, Mrs Moji Oladeji.”

But Fayose and Spotless Investment Limited pleaded not guilty to the charges.

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