At the hearing, Madaki, the 13th prosecution witness, indicated that Fayose did not personally conduct any financial transactions pertinent to the charges. The court has adjourned the trial to July 19.
Former Ekiti State Governor Ayodele Fayose
How Dasuki paid Fayose N1.2bn to avoid traces – Court witness
On Monday, a Lagos Federal High Court was informed that former National Security Adviser, Sambo Dasuki, allegedly paid N1.2 billion in cash to former Ekiti State Governor Ayodele Fayose.
Abubakar Madaki, a former investigative officer with the Economic and Financial Crimes Commission (EFCC), testified before Justice Chukwujekwu Aneke, stating that the payment was made in cash to obscure the source and prevent any traceability.
During the EFCC investigation, it was revealed that the money originated from Dasuki’s office and was initially allocated for arms procurement, contrary to claims that it was for a presidential campaign. The EFCC has charged Fayose and his company, Spotless Investment Limited, with an 11-count indictment for criminal breach of trust, theft, and misappropriation of public funds.
READ ALSO:
The anti-graft agency asserts that Fayose, along with Abiodun Agbele—who is facing a separate money laundering trial—received N1.219 billion on June 17, 2014, to finance Fayose’s governorship campaign in Ekiti State.
At the hearing, Madaki, the 13th prosecution witness, indicated that Fayose did not personally conduct any financial transactions pertinent to the charges. The court has adjourned the trial to July 19.
CIG Motors announces career opportunities for young graduates CIG Motors, sole distributor of GAC Motor…
Gov Otti opens OSSAP-SDG-built multipurpose hospital in Abia We’ll achieve SDGs by 2030, says Tinubu…
Euro 2024: Ronaldo, Mbappe face off as Portugal, France clash France and Portugal continue their…
Gunmen attack Abuja-bound bus in Kogi, abduct all passengers Gunmen have kidnapped several passengers traveling in…
How cultists disguised as friends to kill Ogun varsity final year student The ongoing examination at Tai…
Court of Appeal nullifies expulsion of Rivers assembly lawmakers In a significant legal decision, the Court…