EFCC re-arraigns Fayose before new judge


The Economic and Financial Crimes Commission (EFCC) on Tuesday re-arraigned a former governor of Ekiti State, Ayodele Fayose, in a Federal High Court in Lagos over alleged N6.9 billion money laundering and fraud allegations.

Fayose’s re-arraignment followed the transfer of his case by the Chief Judge of the Federal High Court after EFCC expressed loss of confidence in Justice Mojisola Olatoregun.

The case is now being heard by Justice Chukwujekwu Aneke.

EFCC on October 22, 2018 arraigned Fayose, alongside his company, Spotless Investment Ltd, on 11 counts bordering on fraud and money laundering offence.

Fayose 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.

The prosecution opened trial on November 19, and had so far called 13 witnesses out of 15 listed.

A former minister of state for defence, Musiliu Obanikoro, was one of the witnesses called to testify against Fayose.


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