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Home JUDICIARY

Alleged N6.9bn Fraud: Judge’s Absence Stalls Fayose’s No-Case Submission

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

The defendants had first been arraigned on October 22, 2018 before Justice Mojisola Olatoregun.

Newsroom Nigeria by Newsroom Nigeria
July 11, 2025
in JUDICIARY, News
Reading Time: 2 mins read
Alleged N6.9bn Fraud: Judge’s Absence Stalls Fayose’s No-Case Submission

Ayodele Fayose

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Ayodele Fayose

The scheduled ruling on the No-case submission filed by a former governor of Ekiti State, Ayodele Fayose, before Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos was stalled on Thursday, July 10, 2025, due to the absence of the Judge.

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

The defendants had first been arraigned on October 22, 2018 before Justice Mojisola Olatoregun.

At the last adjourned on May 19, 2025, counsel to Fayose, Chief Kanu Agabi SAN, had argued the no-case submission dated May 16, 2025 and  further submitted that the prosecution had failed to establish a prima facie case against his client.

He had also told the court that Abiodun Agbele, whom he described as a co-conspirator  in the alleged transaction, was not charged alongside Fayose.

“The predicate offences on which these charges are based do not hold water.

“Criminal breach of trust and conspiracy are distinct charges, and no co-conspirator was docked with the defendant, “ he had argued.

Counsel to the second defendant, Spotless Investment Limited, Olalekan Ojo,  SAN, had also adopted the no-case submission.

Responding, the prosecution counsel, Rotimi Jacobs SAN, had urged the court to dismiss the no-case submissions.

Jacobs had also cited a counter-affidavit and written address dated May 8, 2025, and further submitted that the defendants  failed to explain the suspicious financial transactions.

Jacobs had also queried why Fayose did not use his personal bank account for the transactions “if they were clean.”

He had also drawn the attention of the court to the fact that a prosecution witness, Abubakar Madaki, an investigator with the EFCC, had in his testimony, stated that Fayose used associates to purchase properties both in Nigeria and abroad.

“ These are associates who later denied ownership of the properties, even though Fayose had claimed them in his statement,” he had added.

According to him, Obanikoro’s testimony that Fayose personally requested the funds in cash and introduced Agbele to handle the delivery required a defence from the accused.

Consequently, Justice Aneke had adjourned the matter till July 10, 2025( today) for ruling on the no-case submission.

However, the ruling on the no-case submission could not go on Thursday  due to the absence of the Judge, who was said to have “received an official emergency call requiring his attention.

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