Court Adjourns Fayose’s Alleged N6.9bn Fraud Trial Till March 20

by Emmanuel Okikiola

Justice Chukujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos, on Wednesday, February 1, 2023, adjourned further hearing in the trial of a former governor of Ekiti State, Ayodele Fayose, and his company, Spotless Investment Limited, over an alleged N6.9bn fraud, till March 20, 2023.

The Lagos Zonal Command of the EFCC had, on Tuesday, July 2, 2019, re-arraigned Fayose and Spotless Investment Limited on an 11-count charge bordering on money laundering and stealing to the tune of N6.9bn (Six Billion, Nine Hundred Naira) only.

The defendants had first been arraigned on October 22, 2018 before Justice Mojisola Olatoregun.

When asked about his experience at the EFCC by the prosecution counsel, Rotimi Jacobs, SAN, at the resumed sitting today, Musiliu Obanikoro, a former Minister of State for Defence, said: “I turned myself in at the EFCC.

“I came in from the United States of America, USA, and walked into the EFCC office.

“I was immediately criminalized and locked up for 21 days.

“Yes, a letter of complaint was written from the Office of the National Security Adviser, NSA. But I believe that it was written out of ignorance because after all the investigations, I was exonerated.”

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