x

Alleged N2.2bn fraud: Fayose gets nod for foreign medical trip

The Federal High Court in Lagos on Friday authorised a former governor of Ekiti State, Ayodele Fayose, who is facing an alleged N2.2billion fraud trial, to go on a foreign medical trip.

Justice C.J. Aneke made the order following an application by Fayose’s lawyer, Ola Olanipekun (SAN).

The Economic and Financial Crimes Commission, which is prosecuting Fayose through its counsel Rotimi Jacobs (SAN), did not oppose the application.

The judge adjourned further hearing in the case till January 22, 2021.

Fayose is on trial alongside a firm, Spotless Investment Ltd.

The EFCC alleged, among others, 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 have pleaded not guilty to the charges.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Fostering Nigeria’s Food Security Via 774 Initiative Intervention

By Joyce Remi-Babayeju In furtherance to ensuring a sustainable food...

Dai Jin Jia Investment Limited Crisis: A Wake-Up Call To FCT Regulatory Authority

By Othuke Evroh The recent protest by the residents of...

Julius Berger wins sustainable construction Award

By Amadin Idahosa Engineering construction giant, Julius Berger Nigeria PLC...

Rashford Completes Barcelona Medical Ahead of Season-Long Loan Deal

Manchester United forward Marcus Rashford has passed his medical...

Nollywood Actor Jerry Williams Reportedly Arrested

Nollywood actor Jerry Williams has reportedly been arrested by...

Over 730 Convicted for Terrorism-Related Offences – FG

The Federal Government has announced that over 730 individuals...

BREAKING: Nigeria’s Economy Expands by 3.46% in Q1 2025 – NBS

Nigeria’s Gross Domestic Product (GDP) grew by 3.46% in...
spot_img

Related Articles

Popular Categories

spot_imgspot_img