N6 9bn fraud: We are still  investigating Fayose -EFCC tells Court

The Economic and Financial Crimes Commission (EFCC) today, told a Federal High Court, Lagos, that embattled former Governor of Ekiti State, Ayodele Fayose, is still under investigation by the Commission. Fayose is being prosecuted by the EFCC over N6.9 billion fraud. He was first arraigned on October 22, 2018, before Justice Mojisola Olatotegun, alongside a company, Spotless Investment Limited, 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…

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Alleged N6.9bn fraud: Fayose remanded in EFCC custody

Justice Mojisola Olatoregun of a Federal High Court, Lagos, on Monday October 22, ordered that the immediate past governor of Ekiti State, Mr. Peter Ayodele Fayose, be remanded in the custody of the Economic and Financial Crimes Commission (EFCC), till Wednesday, October 24, when his bail application would be argued. Justice Olatoregun made the remand order after Fayose pleaded not guilty to all eleven counts charge on the alleged fraud, brought against him by the EFCC. Fayose alongside his company, Spotless Investment Nigeria Limited, and one Abiodun Agbele (not in…

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