• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, June 29, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

N3.3bn Fraud: Absence Of Judge Stalls Fayose’s Trial

by Olugbenga Soyele
3 years ago
in News
Fayose

Ayodele Fayose

Share on WhatsAppShare on FacebookShare on XTelegram

The ongoing trial of a former governor of Ekiti State, Ayodele Fayose before the Federal High Court Lagos was yesterday stalled due to the absence of the trial judge, Justice Chukwujekwu Aneke, who was said to be attending a conference outside the state.

 

Advertisement

Fayose, who was arraigned before the court by the Economic and Financial Crimes Commission (EFCC) alongside his company, Spotless Investment Limited over an alleged N3.3 billion fraud, was also absent from the court.

 

The court registrar, however, told journalists that a new trial date would be agreed on by lawyers in the matter in due course.

The former governor was first arraigned before Justice Mojisola Olatoregun on October 22, 2018, before he was re-arraigned before Justice Aneke on July 2, 2019, after the case was withdrawn from the former judge, due to a petition written by the EFCC against the judge.

RELATED

Religious Beliefs, Myths, Others Hindering Acceptance Of Family Planning

Jigawa Earmarks N80m For Family Planning Services

1 hour ago
[EDITORIAL] Uniting Against Drug Abuse

Hijrah Organisation Decries Prevalence Of Drug Abuse In Kwara

2 hours ago

 

He is now facing an 11-count charge, in which the EFCC alleged that Fayose and one Abiodun Agbele, who is also standing trial on alleged money laundering offences before another division of the court, on June 17, 2014, took possession of N1.219 billion, to fund Fayose’s 2014 governorship campaign in Ekiti State.

 

The anti-graft agency also accused the defendants of committing criminal breach of trust, theft and stealing of public funds.

 

The EFCC further claimed that the defendants on the same June 17, 2014, without going through financial institutions, received the sum of $5 million, from Senator Musiliu Obanikoro, who was the then, minister of state, for defence.

 

The commission also alleged that Fayose on April 7, 2015, retained the sum of N300 million, in his fixed deposit account number 9013074033, domiciled in Zenith Bank Plc.

 

The anti-graft agency also told the court that the former governor and his company, Spotless Limited between June 17 and August 4, 2014, took control of the sum of N317 million, and deposited the same in Zenith Bank Plc account number 1010170969.

 

Fayose was also alleged to have between June 26 and August 27, 2014, taken control of the sum of N305million, which formed part of proceeds of an unlawful act, and in his Zenith Banks’ account number 1003126654.

 

The politician was also accused of procuring Abiodun Agbele and a company, De-privateer Limited, to retain the sum of N719million in Zenith Bank’s account number 1013835889.

 

The EFCC further alleged that the defendant used the sum of N270 million and N1.151,711,573 billion respectively, to acquire properties at Plot 1504, Yedsema Street, Maitama, Abuja from one Rabi Kundli, and Chalets 3, 4, 6 and 9, at Plot 100, Tiyamiyu Savage Street, Victoria Island, Lagos, in the name of JJ Technical Services.

 

Fayose was also alleged to have between October 16 and December 31, 2018, failed to declare his assets and properties, by not completing the declaration form during the investigation.

 

The offences according to the EFCC counsel, Rotimi Jacobs (SAN) violated sections 15(2)(d); 1 and 16 (d) of the Money Laundering (Prohibition) Act, 2011 as amended, and punishable under section 15(3)(4); 16(2)(b) of the same Act.

 

Jacobs also alleged that the defendants violated section 27(1)(3)(c) of the EFCC (Establishment) Act, 2004.

The defendants, however, pleaded not guilty to the charge.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: Fayose
SendShareTweetShare
Previous Post

ECOWAS Adopts Jonathan’s Recommendations On Mali

Next Post

50 Edo Communities Barricade NPDC Over Marginalisation

Olugbenga Soyele

Olugbenga Soyele

You May Like

Religious Beliefs, Myths, Others Hindering Acceptance Of Family Planning
News

Jigawa Earmarks N80m For Family Planning Services

2025/06/29
[EDITORIAL] Uniting Against Drug Abuse
News

Hijrah Organisation Decries Prevalence Of Drug Abuse In Kwara

2025/06/29
nigerian Troops
News

Commander Warns Officers, Soldiers Against Cannabis Use

2025/06/29
APC Ticket: Olawepo-Hashim Congratulates Tinubu, Urges Him To Reach Out More
News

Friends, Associates Celebrate Gbenga Hashim @ 56

2025/06/29
Gov Mutfwang Hosts Prison Fellowship, Advocates Justice For Victims
News

Gov Mutfwang Hails Anaba On NGE Election

2025/06/29
Niger Gov, Others Celebrate Etsu Nupe At 70
News

Etsu Nupe Urges Agricultural Revolution, Youth Involvement

2025/06/29
Leadership Conference advertisement

LATEST

Of Tax, Transition And The Promise Of Prosperity

Why Journalists Must Create Space For Real Conversations Across Divides

Shettima And The 2nd Term Brouhaha

Jigawa Earmarks N80m For Family Planning Services

APC Stakeholders Seek Power Shift To Kajuru

Hijrah Organisation Decries Prevalence Of Drug Abuse In Kwara

Commander Warns Officers, Soldiers Against Cannabis Use

Kwara North APC Guber Aspirants Chart Common Front For 2027

Friends, Associates Celebrate Gbenga Hashim @ 56

Gov Mutfwang Hails Anaba On NGE Election

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.