NATIONALFEATUREDPOLITICS

Alleged N2.2bn Fraud: Fayose Trial Suffers Set Back

The trial of a former governor of Ekiti State, Ayodele Fayose, and a firm, Spotless Investment Limited, over N2.2bn fraud allegations before the Federal High Court in Lagos, suffers set back.

The trial judge, Justice Chukwujekwu Aneke, did not sit due to official engagement

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.

The judge had at the last proceedings granted permission to Fayose, to travel abroad for further medical treatment.

You May Also Like: Lagos Chief Judge Pledges Effective Justice Delivery

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.

Top_Court_News

Akinlade I. WAHAB is a dedicated journalist and the proprietor of I-WAHAB Media. He embarked on his career at Murhi International TV (MiTV) and subsequently joined Radio Nigeria as a Judicial Correspondent.With a profound interest in legal reporting, he currently holds the positions of Chairman at the National Association of Judicial Correspondents (NAJUC), Ikeja Branch, and Chairman at the Nigeria Union of Journalists (NUJ), Radio Nigeria Chapel.As the owner of I-WAHAB Media, he has successfully established Top Court News, a platform renowned for providing comprehensive coverage of court cases and legal developments, with the aim of promoting transparency within the judicial system.Akinlade's diligent work and unwavering commitment to ethical reporting have earned him immense respect within the Nigerian journalism community.

Related Articles

Leave a Reply

Back to top button
Verified by MonsterInsights