Tuesday , 9 August 2022

Alleged N6.9billion Fraud : Court Adjourns Fayose’s Trial

The trial, which had been scheduled for continuation on Thursday, was further adjourned to May 17, at the instance of the defence counsel.

AFederal High Court in Lagos, on Thursday, adjourned the continuation of the trial of former Governor of Ekiti state, Ayodele Fayose, on money laundering charges.
The trial, which had been scheduled for continuation on Thursday, was further adjourned to May 17, at the instance of the defence counsel.

When the case was called, J.A. Obafemi announced an appearance for prosecution, while Mr. S. Olowolafe appeared for the defence. He held a brief for Mr. Ola Olanipekun (SAN).
Olowolafe informed the court that the defendant was unavailable in court on health grounds, and prayed for an adjournment.
In absence of any objection, the court adjourned the case until May 17, 18 and 19 for the continuation of the trial.
Fayose is being prosecuted by the Economic and Financial Crimes Commission for alleged N6.9billion fraud and money laundering.
He was first arraigned on October 22, 2018, before Justice Mojisola Olatotegun, alongside his company, Spotless Investment Ltd., on 11 counts bordering on fraud and money laundering.
He had pleaded not guilty and was granted bail on October 24, 2018, in the sum of N50million with sureties in like sum.

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