Alleged N6.9bn: Ayodele Fayose’s Fraud Trial Adjourned Till May 8

The Lagos State Federal High Court in Ikoyi, adjourned further hearings in the trial of former Ekiti State governor Peter Ayodele Fayose and his company, Spotless Investment Limited located in the state capital, Ado-Ekiti over an alleged N6.9 billion fraud until 8th of May, 2023.

The fight against-money laundering commission stated this on Tuesday via their Twitter handle.

According to the statement reads, “Justice Chukujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos, on Tuesday, March 21, 2023, adjourned further hearing in the trial of a former governor of Ekiti State, Ayodele Fayose and his company, Spotless Investment Limited, over an alleged N6.9bn fraud, till May 8, 2023.

“The Lagos Zonal Command of the EFCC had, on Tuesday, July 2, 2019, re-arraigned Fayose and 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 defendants had first been arraigned on October 22, 2018, before Justice Mojisola Olatoregun.

“At the resumed sitting today, the 12th prosecution witness, PW 12, Musiliu Obanikoro, a former Minister of State for Defence, told the court that he had no document showing that he withdrew the sum of N1.2billion, which he allegedly gave Fayose.”