HomeBreaking NewsAlleged N6.9bn Fraud:  Fayose Got N1.2billion from former NSA Imprest Account- Witness

Alleged N6.9bn Fraud:  Fayose Got N1.2billion from former NSA Imprest Account- Witness

-

A 13 prosecution witness, PW13, in the trial of Ayo Fayose, former Ekiti State Governor,  Abubakar Aliyu Madaki, an operative of the Economic and Financial Crimes Commission EFCC, on Friday, October 27, 2023, told Justice Chukujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos, that the sum of N1,219,000,000 received by the former governor, from former Minister of State for Defence, Musiliu Obanikoro,  came from the imprest accounts domiciled in the office of former National Security Adviser, Col. Sambo Dasuki( retd).

 Fayose and  Spotless Investment Limited were re-arraigned on Tuesday, July 2, 2019 on 11-count charges bordering on money laundering and stealing to the tune of N6.9bn ( Six Billion Nine Hundred Naira).
At the resumed trial on Friday,  Madaki, led in evidence by the prosecution counsel, Rotimi Jacobs, SAN, gave a blow-by-blow detail of the investigations into the sum of N1.2bn that Obanikoro claimed was taken to Fayose in an aircraft. “The money was released from the imprest accounts in the Office of the Secretary to the Government of the Federation, SGF, under the control of the former National Security Adviser, NSA, Col. Sambo Dasuki (rtd).
“The claim by the first defendant that the N1,219,000,000 received from the former Minister of State for Defence, Musiliu Obanikoro, was the campaign funds from his political party, the Peoples Democratic Party, PDP, was investigated. In our investigations, we contacted the Peoples Democratic Party’s secretariat in Abuja. The party denied receiving any money from the  National Security Adviser or from the Office of the Secretary to the Government of the Federation.
“The party also said it did not give any campaign money to Senator Musiliu Obanikoro to give the first defendant. So, the funds moved from Diamond Bank to Zenith Bank were clearly the funds that came from the imprest account, which was under the control of the office of the National Security Adviser to President Goodluck, Jonathan, Colonel Sambo Dasuki.”
The witness further told the court that the former Ekiti State governor bought property worth N270 million from one Rabiu Kundili in Abuja and also deposited, in a fixed account, the sum of N100 million out of the N1.2bn.
 According to him, between  June 17 and 27, 2014, the sum of N150 million cash was lodged into the bank account of the second defendant, Spotless Investment Limited, by Biodun Agbele, who was an aide to Fayose.  He also told the court that the sum of N168 million was deposited into Spotless Investment Limited’s bank account on August 24, 2016.
The witness further told the court that both Fayose and Agbele could not explain the source of the money deposited into the account of the second defendant.
The case was adjourned till November 24, 2023 for continuation of trial.
Fayose and Spotless Investment Limited were first arraigned on October 22, 2018 before Justice Mojisola Olatoregun

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

#IGP Disu Opens Executive Training for Newly Promoted AIGs, CPs, Charges Them on Leadership, Accountability

The Inspector-General of Police, IGP Olatunji Rilwan Disu, on Thursday declared open an executive training programme for newly promoted Assistant Inspectors-General of Police (AIGs) and...

Group Urges Enugu, Other States to Keep Campaign Space Open Ahead of 2027 Polls

 A civil society group, the Rule of Law and Accountability Advocacy Centre (RULAAC), has called on the Enugu State Government, the All Progressives Congress (APC)...

#RULAAC Demands Immediate Release of Journalist Daniel Ojukwu, Warns of Chilling Effect on Press Freedom

 The Rule of Law and Accountability Advocacy Centre (RULAAC) has condemned the remand of Daniel Ojukwu, a reporter with the Foundation for Investigative Journalism (FIJ),...

N868m Money Laundering:  Court Dismisses Nwabuoku’s Appeal Against 72-Year Jail Term

The Abuja Division of the Court of Appeal has dismissed an appeal filed by a former Acting Accountant-General of the Federation, Chukwunyere Anamekwe Nwabuoku, challenging...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe
spot_img

Most Popular

spot_img