A Federal High Court in Lagos, on Thursday, further adjourned until May 17 for the continuation of the trial of embattled former Governor Ayodele Fayose of Ekiti, who is facing money laundering charges.When the case was called, J.A. Obafemi announced appearance for prosecution while S. Olowolafe appeared for defence. He held brief for Ola Olanipekun .
He was first arraigned on October 22, 2018, before Mojisola Olatoregun alongside his company, Spotless Investment Ltd., on 11 counts bordering on fraud and money laundering. He had also pleaded not guilty to the charge, and was allowed to continue on the earlier bail granted. The News Agency of Nigeria reports that during trial before Mrs Olatoregun, prosecution called witnesses from several commercial banks, as well as a former Minister of State for Defence, Musiliu Obanikoro.
It alleged that Mr Fayose received cash payment of five million dollars from the then Minister of State for Defence, Mr Obanikoro, without going through any financial institution.
Law Law Latest News, Law Law Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: channelstv - 🏆 7. / 63 Read more »