N6.9bn Fraud: EFCC Resumes Fayose’s Trial
A former operative of the Economic and Financial Crimes Commission (EFCC), Mr. Abubakar Aliyu Madaki has told a Federal High Court in Lagos how a former minister of state for defence, Musiliu Obanikoro, handed over the sum of N1,219,000,000 in cash to former Ekiti State governor, Ayodele Fayose.
Fayose and his firm Spotless Investment Limited are being prosecuted by the EFCC for allegedly laundering N6.9 billion.
Obanikoro had earlier narrated before the Court how N1.2 billion was allegedly taken to former Gov Ayodele Fayose of Ekiti, using an aircraft.
In continuation of his evidence, Madaki who is the 13th Prosecution Witness, told Justice Chukwujekwu Aneke that out of the money, the former Ekiti State governor bought property worth N270million from one Rabiu Kundili in Abuja and also deposited in a fixed account the sum of N100million.
Led in evidence by the prosecution counsel, Mr Rotimi Jacobs, SAN, the EFCC operative stated that between the 17th and 27th of June 2014, a total sum of N150million cash deposit was lodged into the bank account of the 2nd Defendant (Spotless Investment Limited), by one Biodun Agbele, an aide to the former Ekiti governor, Ayodele Fayose.
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