Ex-Ekiti State Gov, Fayose’s fraud trial takes a new turn

The N2.2bn fraud trial of former Ekiti State Governor Ayodele Fayose was stalled on Friday as the Economic and Financial Crimes Commission accused the ex-governor of going behind to threaten and compromise one of the prosecution witnesses. The EFCC lawyer, Mr Rotimi Jacobs (SAN), told Justice C.J. Aneke that the anti-graft agency had decided to use another witness instead of the one allegedly compromised by Fayose. Jacobs alleged that the defendant went behind to meet and threaten the witness, Adewale Aladegbola, a bullion van driver with Zenith Bank, Ado-Ekiti branch.…

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N2.2bn Fraud: We counted Fayose’s money for 10 days -Witness

A former head of Zenith Bank branch in Akure, Ondo State, Sunday Alade, told the Federal High Court in Lagos that it took 10 days to count the N1.2bn delivered to the bank in June 2014 by Abiodun Agbele, an ally of former Governor Ayodele Fayose of Ekiti State. Alade was in court to testify against Fayose, who is being prosecuted by the Economic and Financial Crimes Commission for an alleged fraud of N2.2bn. Alade, who was fielding questions from the EFCC lawyer, Mr Rotimi Jacobs (SAN), narrated to Justice…

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Fayemi, Fayose disagree over Ekiti debt profile

Ekiti State Governor, Dr. Kayode Fayemi| credits: www.ynaija.com Ekiti State Governor, Dr. Kayode Fayemi, and the Governor-elect, Mr. Ayodele Fayose, have disagreed over the debt profile of the state. Fayose, who on Wednesday raised a nine-member transition committee for the smooth takeoff of his administration on October 16, described the debt profile of the state “as worrisome and not promising.” Members of the committee, which is to embark on a fact-finding mission about Ekiti State financial standing, are Chief Dipo Anisulowo (Chairman), Mrs. Modupe Alade (Secretary), Kola Oluwawole, Owoseeni Ajayi,…

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