Anti-corruption and elections / EFCC

N2.2bn Fraud: How Fayose, Company Received N1.2bn-Witness

A prosecution witness, Sunday Oluseye Alade, in the ongoing trial of a former governor of Ekiti State, Ayodele Fayose, on Monday, April 15, 2019, told Justice Mojisola Olatoregun of the Federal High Court sitting in Ikoyi, Lagos how the defendant and his company had received a sum of N1,219,000,000 from Zenith Bank, Akure Branch in the build-up to the state's governorship election in 2014. Fayose was arraigned alongside his company, Spotless Investment Limited, on October 22, 2018, on an 11-count charge bordering on fraud and money laundering. In his testimony, Sunday Alade, Head, Business Dev…