Ex-Governor, Fayose's Alleged N2.2bn Fraud Trial Begins Today

at 08:49 AM, 19/11/2018 (4 weeks ago)
(6174 | Gistmaniac) Online (m)

Hearing will today commence in the trial of the immediate past Ekiti State Governor, Mr Ayodele Fayose, who was charged with an alleged N2.2bn fraud by the Economic and Financial Crimes Commission.

The EFCC arraigned Fayose, alongside a firm, Spotless Limited, on October 22, 2018 before the Federal High Court in Lagos, six days after he bowed out of office as governor.

The 11 counts pressed against him bordered on criminal breach of trust, theft and money laundering.
But Fayose and Spotless Limited pleaded not guilty to the charges.

Following an application by his lawyer, Chief Kanu Agabi (SAN), a former Attorney General of the Federation, Justice Mojisola Olatoregun admitted Fayose to bail in the sum of N50m.

She adjourned till November 19, 2018 for commencement of trial, stressing that the case would be heard on a day-to-day basis in line with the provisions of the Administration of Criminal Justice Act, 2015.


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