The Lagos Zonal office of EFCC on Friday, June 29, 2018, arraigned the duo of Clement Faboyede, Chairman, Ondo State Peoples Democratic Party (PDP) and Modupe Adetokunbo, a former Director-General, Goodluck Jonathan/ Namadi Sambo 2015 Presidential Election Campaign in Ondo, before Justice Saliu Saidu of the Federal High Court sitting in Lagos on a three-count charge bordering on money laundering to the tune of N500 million (Five Hundred Million Naira).

One of the counts reads: “ That you, Clement Faboyede, Modupe Adetokunbo and others at large, on or about the 27th day of March, 2015 in Nigeria within the jurisdiction of this Honourable Court, conspired amongst yourselves to accept cash payment of the sum of N500,000,000(Five Hundred Million Naira only), which exceeded N5,000,000(Five Million Naira) without going through a financial institution contrary to section 18 and punishable under section 16(2) of the Money Laundering (prohibition) Act, 2011 (as amended by Act No.1 of 2012)”‎.

The defendants pleaded not guilty when the charge was read to them. In view of their pleas, the prosecution counsel, E.E. Iheanacho, asked the court for a trial date and prayed the court to remand the defendants in prison custody. However, counsel to the defendants made an oral application for bail on behalf of the defendants.

After listening to the counsels, Justice Saidu directed the defence counsel to make a formal application for the bail of the defendants. The Judge also ordered the defendants to be remanded in prison custody.

DeBrain045:
There is nothing we get out of PDP members than corruption and fraud, imagine they accepted to collect 500m instead of 5m that is 455m as gain what an atrocity, even if they successed in collecting the 455m they will still owe workers salary.
I even heared Atiku to contest through PDP i assure Atiku he will lose with great magin if he tries that.
Nonsense money greedy morons never satisfied with what they have

weyreypey:

You are myopic. Herdsmen are renaming your ancestral home.. and you're here lamenting over an imaginary loot

DeBrain045:
For your information am not from the north or middle belt and where i come from is not your business

weyreypey:

Wherever you are from. Herdsmen are there raping killing and pillaging. I dare you to mention your State

DeBrain045:
Am from the East bro and we dey kampe