Fayose’s money laundering trial resumes October 21

The trial of former governor of Ekiti state, Ayodele Fayose, will now resume on October 21 before a federal high court in Lagos.

Fayose is being prosecuted by the Economic and Financial Crimes Commission over N6.9billion fraud and money laundering charges.

He was first arraigned on October the 22nd 2018, before Justice Mojisola Olatotegun, alongside a 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.

The defendant was subsequently re-arraigned before Justice Chukwujekwu Aneke, on July 2.