HomeBreaking NewsAlleged N6.9bn Fraud:  EFCC to Appeal  Fayose’s Acquittal

Alleged N6.9bn Fraud:  EFCC to Appeal  Fayose’s Acquittal

-

Sequel to the judgment of Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos on Wednesday,  July 16, 2025,  acquitting and discharging a former Governor of Ekiti State,  Mr. Ayo Fayose from an alleged money laundering case preferred against him by the Economic and Financial Crimes Commission, EFCC,  the Commission wishes to state that it is already studying the ruling and preparing for an appeal.

The former governor was re-arraigned on Tuesday, July 2, 2019, alongside  Spotless Investment Limited on an 11-count charge bordering on money laundering and stealing to the tune of N6.9bn ( Six Billion Nine Hundred Naira).

 The EFCC reaffirms its commitment to the rule of law as it briefs its counsel to appeal the judgment.

SUPPORT US

At Priceless Media Publishing Nig. Ltd /Securitynewsalert.com, we are steadfast in our commitment to independent journalism: reporting that is fearless, impartial, and free from the interference of powerful personalities, politicians and government interests.

Without corporate sponsorships or political affiliations, our ability to investigate freely rests in the hands of the people we serve—you!

Every donation helps us expose the truth, amplify silenced voices, and hold power accountable.
Stand with us because journalism should serve the people, not power.

• Account Name: PRICELESS MEDIA PUBLISHING NIG. LTD
• Account Number: 1943445259
• Bank Name: ACCESS Bank

LATEST POSTS

#RULAAC Petitions Attorney-General Over Alleged Enforced Disappearances, Torture

  Rights group urges independent probe of Wawa Barracks, DSS, Tiger Base and IRT facilities, citing multiple cases  The Rule of Law and Accountability Advocacy Centre (RULAAC)...

#RAMINBA Rejects Tinubu’s $20.5bn, €1.04bn Foreign Loan Plan, Demands Transparency 110 Days to Election

  The Raminba Association (RAMINBA) has rejected the proposed external borrowing of US$20.5 billion and €1.04 billion, urging the National Assembly to withhold approval until the...

Police Arrest Suspected Arms Courier in Isashi, Recover Pistol, Live Cartridges

 Operatives of the Lagos State Police Command have arrested a 24-year-old man, Lukman Sanni, on suspicion of transporting illegal firearms during a stop-and-search operation at...

Lagos Police Marks 2026 International Day of the Girl Child, Urges End to Child Marriage

The Lagos State Police Command has joined the global community to commemorate the 2026 International Day of the Girl Child, calling for stronger protection of...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe
spot_img

Most Popular

spot_img