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Alleged N6.9bn Fraud: EFCC To Appeal Fayose’s Acquittal

Ejike Ejike by Ejike Ejike
1 year ago
in News
Ayodele Fayose
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The Economic and Financial Crimes Commission (EFCC), has stated that it will appeal the acquittal on Wednesday, by the
Federal High Court, Lagos, of a former Governor of Ekiti State, Mr Ayo Fayose over alleged N6.9 billion money laundering case.

EFCC spokesperson, Dele Oyewale disclosed this while reacting to the judgment on Wednesday, saying the anti-corruption agency was studying the judgement.

Justice Chukwujekwu Aneke of the Federal High Court, Ikoyi on Wednesday, acquitted and discharged Fayose of alleged money laundering charges preferred against him by the EFCC.

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According to Oyewale, “The former governor was re-arraigned on Tuesday, July 2, 2019, alongside Spotless Investment Limited on an 11-count charge bordering on money laundering and stealing to the tune of N6.9billion.”

He reaffirmed the EFCC’s commitment to the rule of law, saying the anti-graft agency has briefed its counsel to appeal the judgment.

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Ejike Ejike

Ejike Ejike

Ejike Ejike is a Senior Reporter with Leadership Newspaper with over 12 years of experience, specialising in crime, transport, security, and maritime reporting. He is recognised for in-depth analysis that goes beyond surface-level coverage, with a commitment to accuracy and factual reporting that has established him as an authority across his beats.

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