Money laundering: Court frees Fayose after 7-year trial

A Federal High Court sitting in Lagos has discharged and acquitted former Ekiti State Governor Ayodele Fayose of all charges preferred against him by the Economic and Financial Crimes Commission (EFCC) over alleged money laundering.

The court, on Wednesday, July 16, 2025, upheld Fayose’s no-case submission, ruling that the EFCC failed to establish a prima facie case against him to warrant further defence.

Fayose had been standing trial on allegations bordering on money laundering and fraud during his tenure as governor.

However, after years of legal proceedings, the court found that the evidence presented by the EFCC was insufficient to sustain the charges.

The Star

Segun Ojo

Recent Posts

Tinubu fulfils Birnin Gwari road promise — Uba Sani

Kaduna State Governor, Uba Sani, has commended President Bola Tinubu for fulfilling his campaign promise…

4 hours ago

Zenith Bank confirms cyberattack, says limited customer data compromised

Zenith Bank has confirmed that hackers breached its database, resulting in the compromise of limited…

5 hours ago

Tinubu unveils Africa’s first Renewable Energy College

President Bola Tinubu has declared that Nigeria is poised to lead Africa's renewable energy revolution…

5 hours ago

I’m CR7’s die-hard fan — Davido

Afrobeats superstar David Adeleke, popularly known as Davido, has revealed that he is a devoted…

5 hours ago

Nigeria to spend N924bn on Army, Navy, Air Force personnel’s salary

The Federal Government of Nigeria is to spend N924 billion yearly as salary bill for…

5 hours ago

Lagos govt empowers 40,000 residents with business tools to boost SMEs

Lagos State Governor Babajide Sanwo-Olu on Tuesday said his administration has empowered about 40,000 residents…

5 hours ago

This website uses cookies.