The trial of a former of Ekiti State, Ayo Fayose over alleged money laundering up to the tune of N6.9bn has continued at the Federal High Court sitting in Ikoyi, Lagos state.
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 Million Naira) only.
A prosecution witness in the trial who is an operative of the EFCC, Abubakar Aliyu Madaki, told Justice Chukujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos, that the sum of N1,219,000,000 received 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).
“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 N270million from one Rabiu Kundili in Abuja and also deposited, in a fixed account, the sum of N100million out of the N1.2bn.
According to him, between June 17 and 27, 2014, the sum of N150million 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.
Credit: EFCC
