₦airaland Forum

Alleged N2.2bn fraud: Fayose’s trial begins today

Hearing will today (Monday) commence in the trial of the immediate past Ekiti State Governor, Mr Ayodele Fayose, who was charged with an alleged N2.2bn fraud by the Economic and Financial Crimes Commission.

The EFCC arraigned Fayose, alongside a firm, Spotless Limited, on October 22, 2018 before the Federal High Court in Lagos, six days after he bowed out of office as governor.

The 11 counts pressed against him bordered on criminal breach of trust, theft and money laundering.

But Fayose and Spotless Limited pleaded not guilty to the charges.

Following an application by his lawyer, Chief Kanu Agabi (SAN), a former Attorney General of the Federation, Justice Mojisola Olatoregun admitted Fayose to bail in the sum of N50m.

She adjourned till November 19, 2018 for commencement of trial, stressing that the case would be heard on a day-to-day basis in line with the provisions of the Administration of Criminal Justice Act, 2015.

In the charges, the EFCC alleged that on June 17, 2014 Fayose “took possession of the sum of N1, 219, 000,000 to fund your 2014 gubernatorial campaign in Ekiti State, which you reasonably ought to have known formed part of the proceeds of an unlawful act, to wit: criminal breach of trust/stealing.”

He was also accused to have, the same day, “received a cash payment of $5,000,000 from Senator Musiliu Obanikoro, the then Minister of State for Defence, which sum exceeded the amount authorised by law.”

In another count, Fayose was accused of “taking control of an aggregate sum of N317,000,000,” which he allegedly deposited into the bank account of Spotless Limited, “a company controlled by you and your family.”

He was also accused of “using an aggregate sum of N1,151,711,573 to acquire chalets 3 and 4, and 5 and 9 of the property situate at Plot 100 Tiamiyu Savage Street, Victoria Island, Lagos in the name of JJ Technical Service.”

Culled: Punch

See more:: https://amebo9ja.com/alleged-n2-2bn-fraud-fayoses-trial-begins-today/

2.2 bn.......See yams!!!

EFCC I'm here o..... I don't even know who's more corrupt? The politicians or the commission with their regulatory capture

Sue him.
Sue me too...
I can't wait for APC to be out of power... How will Osinbade looks behind the bars..and Ganduje too..oh and Babachir too,oh and yussuf too,oh and Daura too...Oh I almost forgot Tinubu..
Oh wait..Fashola and Ameachi nko...
and BUHARI himself..

I'M NOT ANGRY BECAUSE FAYOSE IS BEING SUED.... I'M ANGRY BECAUSE ALL THE CRIMINAL IN APC WERE SACRED....

And also the court BUHARI never respect will be used to try their victim..
It's really a bad moment for democracy...

Last last nothing will happen

Meanwhile, Obanikoro who indicted himself and even returned some money, Fayemi, Fashola, Amaechi, Babachir Lawal, Abba Kyari, AGF Malami, Maina and so many other Buhari's thieves are still walking free. One day, the ''Federal Might'' protecting them for now would leave and the long arm of the Law and Justice would catch up with them.

2.2 billa and to pay workers 30k turn wahala




baba God may our week be full of blessings that we wont have to depending on the FG MW



amen

Straight to prison this thief should go.....
No more immunity!

Good luck

henrypsexy:
Alleged N2.2bn fraud: Fayose’s trial begins today

Hearing will today (Monday) commence in the trial of the immediate past Ekiti State Governor, Mr Ayodele Fayose, who was charged with an alleged N2.2bn fraud by the Economic and Financial Crimes Commission.

The EFCC arraigned Fayose, alongside a firm, Spotless Limited, on October 22, 2018 before the Federal High Court in Lagos, six days after he bowed out of office as governor.

The 11 counts pressed against him bordered on criminal breach of trust, theft and money laundering.

But Fayose and Spotless Limited pleaded not guilty to the charges.


Following an application by his lawyer, Chief Kanu Agabi (SAN), a former Attorney General of the Federation, Justice Mojisola Olatoregun admitted Fayose to bail in the sum of N50m.

She adjourned till November 19, 2018 for commencement of trial, stressing that the case would be heard on a day-to-day basis in line with the provisions of the Administration of Criminal Justice Act, 2015.

In the charges, the EFCC alleged that on June 17, 2014 Fayose “took possession of the sum of N1, 219, 000,000 to fund your 2014 gubernatorial campaign in Ekiti State, which you reasonably ought to have known formed part of the proceeds of an unlawful act, to wit: criminal breach of trust/stealing.”

He was also accused to have, the same day, “received a cash payment of $5,000,000 from Senator Musiliu Obanikoro, the then Minister of State for Defence, which sum exceeded the amount authorised by law.”

In another count, Fayose was accused of “taking control of an aggregate sum of N317,000,000,” which he allegedly deposited into the bank account of Spotless Limited, “a company controlled by you and your family.”

He was also accused of “using an aggregate sum of N1,151,711,573 to acquire chalets 3 and 4, and 5 and 9 of the property situate at Plot 100 Tiamiyu Savage Street, Victoria Island, Lagos in the name of JJ Technical Service.”

Culled: Punch

See more:: https://amebo9ja.com/alleged-n2-2bn-fraud-fayoses-trial-begins-today/

Bad Ending

For every yam eater whether APC or PDP, they must account for it.. let him face the rhythm of the music

check my siggy, get your electronics, SMART TVs, air conditioners and sound bars at affordable rate,payment on delivery, BUY4ME services available too with POD option.

He cares little about his father’s name! And that is Atiku’s pointsman in the South West!

I hope he pays for his crimes eventually

They want to distract him from accompanying our great atiku to campaigns and to avoid him from telling the masses the truth about the conglamorate of thieves called APC

They just want another bail money.. This time it should be 200mil

We are ready.....as long as obanikoro is going down with him, then no problem

Sigh

I think its his lawyer only that will appear in the court to defend him

Only ?
Comrade Adams Oshiomhole and Governor Rochas Okorocha spent billions on imported expired toto goods and now they are struggling to show who is mighter...no EFCC investigations.

Hope not politically motivated as usual

check my siggy

Mehn,we already know the outcome, any politician in Nigeria is above the law, so why the trial

Did he make that shirt? Lol

Your fraud cases aren't in thousands why?.and you kick against corruption yet its your middle name and you will still claim not guilty ..come 2019 all we need is a man who is not corrupt (publicly) as such can't be found. I wish buhari/jubril can make this trial on every present and past leader irrespective of the party they belong so we can have a better Nigeria..

henrypsexy:
Alleged N2.2bn fraud: Fayose’s trial begins today

Hearing will today (Monday) commence in the trial of the immediate past Ekiti State Governor, Mr Ayodele Fayose, who was charged with an alleged N2.2bn fraud by the Economic and Financial Crimes Commission.

The EFCC arraigned Fayose, alongside a firm, Spotless Limited, on October 22, 2018 before the Federal High Court in Lagos, six days after he bowed out of office as governor.

The 11 counts pressed against him bordered on criminal breach of trust, theft and money laundering.

But Fayose and Spotless Limited pleaded not guilty to the charges.

Following an application by his lawyer, Chief Kanu Agabi (SAN), a former Attorney General of the Federation, Justice Mojisola Olatoregun admitted Fayose to bail in the sum of N50m.

She adjourned till November 19, 2018 for commencement of trial, stressing that the case would be heard on a day-to-day basis in line with the provisions of the Administration of Criminal Justice Act, 2015.

In the charges, the EFCC alleged that on June 17, 2014 Fayose “took possession of the sum of N1, 219, 000,000 to fund your 2014 gubernatorial campaign in Ekiti State, which you reasonably ought to have known formed part of the proceeds of an unlawful act, to wit: criminal breach of trust/stealing.”

He was also accused to have, the same day, “received a cash payment of $5,000,000 from Senator Musiliu Obanikoro, the then Minister of State for Defence, which sum exceeded the amount authorised by law.”

In another count, Fayose was accused of “taking control of an aggregate sum of N317,000,000,” which he allegedly deposited into the bank account of Spotless Limited, “a company controlled by you and your family.”

He was also accused of “using an aggregate sum of N1,151,711,573 to acquire chalets 3 and 4, and 5 and 9 of the property situate at Plot 100 Tiamiyu Savage Street, Victoria Island, Lagos in the name of JJ Technical Service.”

Culled: Punch

See more:: https://amebo9ja.com/alleged-n2-2bn-fraud-fayoses-trial-begins-today/

It is quite a disturbing that a grass root man and man of the people is being accused of looting such a huge amount of money.

Where does ex-governor Fayose want to carry the money to?

Build castle in the sky?

Jail the bastard

I wish the full wrath of law will be established so this can serve as a lesson for other people in elected positions.....

APC could have been taken serious if they have really fought corruption within its fold with all vigor as they are doing with the opposition.

Since they never did or will they ever do, then this Fayose case will also go the way of other high profile corruption cases ever seen in Nigeria.