Alleged money laundering: Judge’s absence stalls Fayose’s trial

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Alleged Money Laundering News

Fayose

The absence of Justice Chukwujekwu Aneke in the alleged money laundering trial of a former Governor of Ekiti State, Ayodele Fayose, stalled the proceeding on Thursday at the Federal High Court in Lagos. Justice Aneke was said to be on an official assignment.

The case has been adjourned until July 1 for the continuation of trial.

recalls that Fayose is being prosecuted by the Economic and Financial Crimes Commission, EFCC, for alleged N6.9 billion fraud and money laundering. He was first arraigned on October 22, 2018, before Justice Mojisola Olatotegun, alongside his company, Spotless Investment Ltd, on 11 counts bordering on fraud and money laundering offences. He had 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.

 

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