Abubakar Madaki, a witness to the Economic and Financial Crimes Commission , has told a federal high court in Lagos that Ayodele Fayose, a former Ekiti state governor, did not personally make any of the financial transactions relevant to the charge before the court.
But the witness said, “There is none,” after which defence counsel also asked him if he recalled telling the court that he did not see any of the transactions in the case.On whether he acted based on facts in his investigation, the witness replied, “Yes, very well my lord.” After intervention from the court that the witness should answer the question in the interest of justice, Madaki replied that he could not find the portion where it was stated.
The senior lawyer asked why the fund was not transferred directly to Fayose, whom the money was purportedly meant for.The witness said: “Questions were asked, and investigations showed that it was meant to disguise the source of the money; so, it was given in cash to avoid traces.” Fayose was alleged to have received a cash payment of $5 million from Obanikoro without going through any financial institution.
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