Alleged N2.2bn Fraud: How Fayose, company received N1.2bn - Witness

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Mr Fayose was arraigned alongside his company, Spotless Investment Limited.

A prosecution witness, Sunday Alade, in the ongoing trial of a former governor of Ekiti State, Ayodele Fayose, on Monday, told Justice Mojisola Olatoregun of the Federal High Court in Ikoyi, Lagos, how the defendant and his company 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.

“He also instructed me to provide security as well as the bullion van movement team to pick up the cash from the airport. “At the airport, I was also introduced to Mr Adewale .O, who was the Aide-De-Camp, ADC, to the then Minister of State, Musiliu Obanikoro.“While it was being bundle-counted, a sum of One Billion Two, Hundred and Nineteen Million was taken to Zenith Bank, Akure Branch.

During cross-examination by counsel to the first defendant, Ola Olanipekun, the witness, while explaining to the court on whose instruction he had gone to the airport, said: “My Head of Operations instructed me to go to the Airport.” When asked by counsel to the second defendant, Olalekan Ojo, if the bank had a record of the cash transaction in its custody, where the money was kept and how long it took to process that particular transaction, the witness told the court that the record of the money was kept in a boxed cash register because it took about 10 days to process.

 

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Okay, we don hear

😂😂👇🏻👇🏻

Any comments from the usual suspects

Now I undestand why Realomosexy and co are crying of 'The lack of money in circulation'. Such 👆 was how they circulated the money. Thank you President MBuhari for forcing people to live within their legit earnings. No more awoof😜

Is been long I hear from Fayose. Hope all is all sha

Fayose again?.

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