Court acquits ex- Gov Fayose of money laundering charges

News Update

A Federal High Court in Lagos has discharged and acquitted former Ekiti State Governor, Ayodele Fayose, of all charges in the long-running N2.2 billion money laundering case filed against him by the Economic and Financial Crimes Commission, EFCC.

In a ruling delivered Tuesday morning, the court upheld Fayose’s no-case submission, declaring that the EFCC had failed to establish a prima facie case warranting him to enter a defence.

Fayose had faced trial for several years over allegations of money laundering and financial misappropriation during his time as governor of Ekiti State. However, the court found the prosecution’s case to be lacking in credible evidence.

“The prosecution failed to link the defendant to the alleged crimes in a manner that warrants this court to call upon him to open his defence,” the court ruled.

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Earlier in the proceedings, the court had also granted Fayose leave to travel abroad for medical treatment, following a separate application.