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Alleged N6.9bn Fraud: Court Adjourns Fayose’s Trial Until April 26

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A Federal High Court in Lagos, yesterday, adjourned until April 26, the trial of former Governor of Ekiti, Ayodele Fayose, charged with alleged N6.9billion money laundering.

Fayose is being prosecuted by the Economic and Financial Crimes Commission (EFCC).

He was first arraigned on October 22, 2018, before Justice Mojisola Olatoregun, alongside his company, Spotless Investment Ltd, on 11 counts bordering on fraud and money laundering offences.

He had pleaded not guilty to the charges and was granted bail on October 24, 2018, in the sum of N50million with sureties in like sum.

The defendant was subsequently, re-arraigned before Justice Chukwujekwu Aneke, on July 2, 2019, after the case was withdrawn from Olatoregun, following EFCC’s petition.

He had also pleaded not guilty to the charges and was allowed to continue on the earlier bail granted, while the case was adjourned for trial.

The commission has since opened its case, and is still leading witnesses in evidence.

Meanwhile, the case which was fixed for continuation of trial, yesterday, could not proceed following the absence of the trial judge, Justice Chukwujekwu Aneke.

Judges of the court are said to be away on a valedictory court session in honour of a retired brother judge, Justice Saliu Saidu.

The event is said to be holding in Illorin.

Fayoses trial, which was previously adjourned for several dates will now resume on April 26, April 27 and April 28, respectively.

According to the charge, on June 17, 2014, Fayose and one Abiodun Agbele were said to have taken possession of the sum of N1.2billion, for purposes of funding his gubernatorial election campaign in Ekiti, which sum he reasonably ought to have known formed part of crime proceeds.

Fayose was alleged to have received a cash payment of $5million (about N1.8 billion) from the then Minister of State for Defence, Sen. Musiliu Obanikoro, without going through any financial institution.

He was also alleged to have retained the sum of N300million in his account and took control of the aggregate sums of about N622million which sum he reasonably ought to have known formed part of crime proceeds.

The defendant was alleged to have procured De Privateer Ltd and Still Earth Ltd, to retain the aggregate sums of N851million which they reasonably ought to have known formed part of crime proceeds.

Besides, he was alleged to have used the aggregate sums of about N1.6billion to acquire properties in Lagos and Abuja, which sums he reasonably ought to have known formed part of crime proceeds.

He was also alleged to have used the sum of N200million, to acquire a property in Abuja, in the name of his elder sister Moji Oladeji, which sum he ought to know also forms crime proceeds.

The offences contravene the provisions of Sections 15(1), 15 (2), 15 (3), 16(2)(b), 16 (d), and 18 (c) of the Money Laundering Prohibition Act 2011.

 

 

 

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Rivers Judiciary Denise Media Reports On Issuing Judgement Sacking SOLAD

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The Rivers State Judiciary has denied claims of media reports circulating online that a judge of its High Court issued a ruling in favour of Governor Siminalayi Fubara against former Governor Nyesom Wike and President Bola Tinubu, there by sacking the sole Administrator of the state, vice Admiral Ibok-Ete Ibas (rtd).

A statement signed by the Chief Registrar of the State High Court, David Ihua-Maduenyi yesterday in Port Harcourt, described the purported report as false and misleading, particularly for linking a judge of the State High Court, Justice Boma Diepirii, to a ruling that reportedly came from a Federal High Court.

According to the statement, Justice Boma Diepirii is a Judge of the Rivers State High Court and not of the Federal High Court and currently on Easter Vacation, which commenced on Monday, 14th April.

The Chief Registrar further clarified that the Federal High Court and the State High Court are separate entities, stressing that “the inclusion of Justice Diepiri’s name in the fabricated report underscores the crass ignorance of the author.”

“The attention of the Rivers State Judiciary has been drawn to a fake news report alleging that His Lordship, Hon. Justice Boma Diepiri, delivered a judgment sacking the Sole Administrator of Rivers State. This is false in its entirety,” the statement read.

“Justice Diepiri is a judge of the High Court of Rivers State, not of the Federal High Court as was falsely reported”.

” Additionally, His Lordship is currently on Easter vacation which began on Monday, April 14, 2025, Ihua-Maduenyi stated.

The statement however advised the general public and members of the media to always cross checked information concerning the judiciary before publishing and as well disregard the said report in its entirety as its an embodiment of falsehood and fabricated story.

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Senate Passes Bill For Establishment Of University In Abia

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The Senate yesterday approved the bills for the establishment of Federal University of Medical  and Health Sciences and College of Education, Bende at its plenary session.
The two bills sponsored by the Deputy Speaker of the House of Representatives, Hon . Benjamin Kalu came to the Senate for concurrence after the approvals from the House of Representatives.
The Deputy Leader of the Senate, Sen. Lola Ashiru in the absence of the Majority Leader presented the recommendations of the Lower Chamber for consideration and Concurrence .
The Bill for an Act to establish Federal College of Education, Bende in Abia State seeks to provide full-time courses, training in technology, applied sciences, commerce, social sciences, arts and humanities among others.
Kalu had in his lead debate stated that Bende has remained undivided since its creation in 1976, even though with the size of four local government areas as found in comparative federal constituencies.
“Despite its strategic location in Abia and sharing a border with Akwa Ibom, with a growing population and landmass, there is no tertiary institution in the Federal Constituency operated either by Federal or State Government. Bende deserves to have the presence of a tertiary institution to serve the education need of the teeming youthful population, especially now that the need for well-trained educationists has risen. This is accompanied by the need to fill the gaps created by both the consequences of brain drain and the lack of qualified educationists to provide quality training at all levels of education,” he said.
For the bill seeking the establishment of Federal University of Medical and Health Sciences, Bende, Abia State, he said when it becomes law, the university will be charged with the responsibility to, among other things, offer full-time training leading to the award of degrees in medical and health sciences.

Nneka Amaechi-Nnadi

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South East Caucus Kicks As  Senate Rejects  Nwosu’s Immortalisation

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South East Caucus of the Senate has  appealed to President   Bola Ahmed Tinubu  to immorttalise late Professor Humphrey Nwosu  considering his commitment  to achieving a  practical democracy for Nigerian.
The Senators visibly  angered by the  Senate’s  rejection of the  need to immortalise the late National Electoral umpire who stood for democracy through the turbulent  1993 elections  stormed out of the Senate Chambers   and spoke to the press .
The Chairman of the South East Caucus, Senator Enyinnaya Abaribe ( Abia South),  as he did in plenary on Wednesday, presented a motion for immortalisation of Humphrey Nwosu by naming the national headquarters of the Independent National Electoral Commission ( INEC) , after him , for laying the foundation in 1993 and conducting the freest and fairest Presidential election in the country .
The late Professor Nwosu was the National Chairman of the National Electoral Commission ( NEC) , now known as Independent National Electoral Commission ( INEC) , who through option A4, conducted the June 12, 19993 presidential election , adjudged to be the freest and fairest in the country.
Abaribe in the motion co – sponsored by 15 other Senators , said  late Humphrey Nwosu deserved to be immortalised like other heroes of the June 12 , 1993 presidential election .
He also urged the Federal Government to honour the late former electoral umpire with post humous  national honours .
But Abaribe’s request , seconded by Senator Victor Umeh (Anambra Central) and supported by Senators from the South East including forner Senate Leader, Yahaya Abdullahi ( Kebbi North) , was roundly rejected by other Senators who said the deceased deserved no immortalization .
Specifically , Senator Adams Oshiomhole ( Edo North) , in his contribution to the debate said the motion to him, was nothing but an attempt to manipulate and rewrite  history.
“ Professor Humphrey Nwosu as NEC Chairman in 1993, failed to deliver on the June 12 , 1993 Presidential Election for lack of Courage
“ He who is not ready to die for something , will die for nothing
“ If he was afraid of the gun from announcing the election results and winner in 1993 , he cannot be rewarded now , more so, when many Nigerians died for what he inadvertently created “, he said .

Nneka Amaechi -Nnadi

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