Home News Fayose’s N6.9bn Money Laundering Trial Adjourned Again On “Health Grounds”

Fayose’s N6.9bn Money Laundering Trial Adjourned Again On “Health Grounds”

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Fayose’s N6.9bn Money Laundering Trial Adjourned Again On “Health Grounds”

A Federal High Court in Lagos, on Thursday, further adjourned until May 17 for continuation of trial of embattled former Governor Ayodele Fayose of Ekiti, facing money laundering charges.

The trial, scheduled for continuation on Thursday, was adjourned at the instance of defence.

When the case was called, J.A. Obafemi announced appearance for prosecution while S. Olowolafe appeared for defence. He held brief for Ola Olanipekun (SAN).

Mr Olowolafe informed the court that the defendant was unavailable in court on health grounds, and prayed for an adjournment.

Following absence of any objection, the court adjourned the case until May 17, 18 and 19 for continuation of trial.

Mr 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 Olatoregun alongside his company, Spotless Investment Ltd., on 11 counts bordering on fraud and money laundering.

He had pleaded not guilty and was granted bail on October 24, 2018, in the sum of N50 million with sureties in like sum.

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