Alleged N2.2 billion fraud: Fayose’s trial stalled due to absence of witness

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Mr Fayose and a firm, Spotless Investment Limited, are standing trial for alleged criminal breach of trust, theft and money laundering.

The Lagos Division of the Federal High Court, on Tuesday, adjourned till October 19 and 20, the ongoing N2.2 billion fraud trial of a former Ekiti State governor, Ayo Fayose, due to the inability of theThe former governor and a firm, Spotless Investment Limited, were first arraigned on October 22, 2018 for alleged criminal breach of trust, theft and money laundering.

He also was accused of receiving $5 million from a former Minister of State for Defence, Musiliu Obanikoro. The commission said the offence contravened sections 15, 16 and 18 of the Money Laundering Prohibition Act 2011.The EFCC had on Monday called on its seventh witness, Adedamola Otunyalo, who was the head of the Cash in Transit Services of the now-defunct Diamond Bank, in the alleged criminal trial.“On 16 June 2014, I got instruction from my director, Mr Premier Oiwoh, to make payment of N1.2 billion to some beneficiaries listed on a document.

At the resumed hearing, the prosecution lawyer, Rotimi Jacobs, who applied for the adjournment, told the trial judge, Chukwujekwu Aneke, that the commission was having difficulties in producing its eight witness to the court due to the “happenings” at the commission.

 

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