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Alleged N6.9bn Fraud: Court Fixes New Date To Resume Fayose’s Trial
- A Federal High Court sitting in Lagos State, on Thursday, fixed April 26 for the trial of a former governor of Ekiti State, Ayodele Fayose, charged with alleged N6.9 billion money laundering.
- Fayose had pleaded not guilty to the charges and was granted bail on October 24, 2018, in the sum of N50 million with sureties in like sum.
A Federal High Court sitting in Lagos State, on Thursday, fixed April 26 for the trial of a former governor of Ekiti State, Ayodele Fayose, charged with alleged N6.9 billion money laundering.
The former governor is being prosecuted by the Economic and Financial Crimes Commission (EFCC).
He was first arraigned on October 22, 2018, before Justice Mojisola Olatoregun, alongside his company, Spotless Investment Ltd, on 11 counts bordering on fraud and money laundering offences.
Fayose had pleaded not guilty to the charges and was granted bail on October 24, 2018, in the sum of N50 million with sureties in like sum.
He was later re-arraigned before Justice Chukwujekwu Aneke on July 2, 2019, after the case was withdrawn from Olatoregun, following the EFCC’s petition.
The defendant had also pleaded not guilty to the charges and he was allowed to continue on the earlier bail granted to him while the case was adjourned for trial.
The EFCC has since opened its case and is still leading witnesses in evidence.
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