The Federal High Court sitting in Ikoyi, Lagos has adjourned the trial of a former governor of Ekiti State, Ayodele Fayose, and his company, Spotless Investment Limited, over an alleged N6.9bn fraud, till May 8, 2023.
Justice Chukwujekwu Aneke adjourned proceedings after listening to the testimony of the 12th prosecution witness, a former Minister of State for Defence, Sen. Musiliu Obanikoro.
In his testimony, Obanikoro told the court that he had no document showing that he withdrew the sum of N1.2 billion which he allegedly gave Fayose.
During cross-examination by counsel to the second defendant, Olakekan Ojo, SAN, Obanikoro also said that he never at any time showed the operatives of the Economic and Financial Crimes Commission (EFCC) any document showing that he gave instruction or withdrew the sum of N1.2 billion from the Diamond Bank account of a company linked to him, Sylva McNamara Limited
Obanikoro, in his previous testimony, had told the court that the sum of N1.2 billion was deposited into the account of the company, Sylva McNamara, to fund “clandestine security operations” to prevent terrorists’ activities in Lagos State in two installments.
The case has been adjourned till May 8 and 9 and June 6, and 8, 2023 for the continuation of trial.