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Alleged Money Laundering: Fayose Has No Case To Answer, Court Tells EFCC

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Justice Chukwujekwu Aneke of the Federal High Court, Ikoyi, Lagos, on Wednesday, discharged and acquitted former Ekiti State Governor, Mr Ayodele Fayose, of all charges bordering on alleged money laundering and theft amounting to N6.9 billion.
The court’s decision followed the judge’s ruling in favour of Mr Fayose’s no case submission, bringing to an end a long running legal battle.
It would be recalled that on May 20, 2025, Justice Aneke had reserved ruling on the no case submission after hearing arguments from Chief Kanu Agabi (SAN), counsel to Mr Fayose (the 1st defendant); Olalekan Ojo (SAN), counsel to the 2nd defendant, Spotless Investment Limited; and Rotimi Jacobs (SAN), representing the Economic and Financial Crimes Commission (EFCC).
Mr Fayose and his company had been re-arraigned on an 11 count charge of money laundering and theft, offences the EFCC alleged took place during his tenure as governor and involved funds linked to the office of the former National Security Adviser (NSA), Col. Sambo Dasuki.
Adopting the no case submission dated July 16, 2025, Chief Agabi argued that the prosecution “failed to establish a prima facie case.”
He told the court, “With due respect, the predicate offences on which these charges are based do not hold water. Criminal breach of trust and conspiracy are distinct, and no co-conspirator was charged alongside the defendant.”
He further noted that Abiodun Agbele, allegedly involved in the offences, was not jointly tried, which he said weakened the prosecution’s case and urged the court to hold that Mr Fayose had no case to answer.
Counsel for the 2nd defendant, Olalekan Ojo (SAN), also adopted a no case submission dated March 21, 2025, pointing out that key evidence by prosecution witnesses had been discredited. He highlighted the testimony of the 13th prosecution witness, former Minister of State for Defence, Senator Musiliu Obanikoro, who admitted there was no communication between Mr Fayose and the then NSA.
However, the EFCC counsel, Mr Rotimi Jacobs (SAN), urged the court to dismiss the no case submissions. Adopting the commission’s counter affidavit and written address dated May 8, 2025, Jacobs argued that the defence failed to explain several suspicious transactions.
Mr Jacobs recalled evidence from EFCC investigator, Mr Abubakar Madaki, who told the court that Mr Fayose used associates to acquire multiple properties in Abuja, Lagos, and abroad—properties those associates later denied owning, but which Mr Fayose claimed in his statements.
“If the money was clean, why not buy the properties in his name?” Mr Jacobs asked.
Mr Jacobs also cited Sen. Obanikoro’s testimony that Mr Fayose requested funds in cash and introduced Mr Agbele to facilitate the handover, stressing that “the defendant has questions to answer.”
Delivering his verdict, Justice Aneke ruled that the EFCC failed to establish any prima facie case against Mr Fayose and could not provide concrete evidence linking him to the alleged crimes.

 

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Benue Assembly Resolution: Alia Suspends SUBEB Boss, Others

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Governor Hyacinth Alia has suspended the chairman of the State Universal Basic Education Board (SUBEB), Grace Adagba, for one month following a resolution of the State House of Assembly.

This was announced in a statement by the Chief Press Secretary to the governor, Tersoo Kula, on Wednesday in Makurdi.

The House of Assembly had passed a resolution to suspend the SUBEB boss for six months, enabling it to investigate her activities at the board.

Others suspended include the Chairman, Otukpo Local Government Area, Mr Maxwell Ogiri, and the Executive Secretary of the lottery commission, Mr Michael Uper, for a month each.

Gov. Alia, however, reiterated his unwavering commitment to the rule of law, due process, and the principles of separation of powers.

The governor commended the House of Assembly for exercising its constitutional responsibilities and assured the people of the state of his administration’s commitment to transparency, accountability, and good governance.

He urged all affected institutions to ensure seamless continuity of service delivery during the period of suspension of the officials.

The governor called on the people of the state to continue supporting the government’s efforts to build a state that works for all.

 

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LP Guber Candidate Wants Anambra Vigilante Scrapped Over Corps Member’s Assault 

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The Labour Party (LP) governorship candidate for the November 8, 2025, election in Anambra State, Mr George Moghalu, has called for the disbandment of the state security outfit known as Udo-Ga-Chi, following the alleged assault of a female corps member by the vigilante group.

Mr Moghalu spoke on Wednesday while addressing journalists at the party secretariat in Udoka Estate, Awka, describing the incident as “an embarrassing scandal and the height of irresponsibility.”

“I was very saddened over what I saw in the video. It was indeed a scandalous embarrassment, not only to Anambra or the state government, but to every responsible citizen of this state,” he said.

He condemned the brutality meted out to the corps member, adding, “Whatever offences she may have committed, there are better civil ways to handle it. The right thing was to arrest her and hand her over to the police, rather than tear her dress and dehumanise her.”

Mr Moghalu insisted that Udo-Ga-Chi members must be properly trained and indoctrinated before being constituted as a security outfit.

“You can’t kill those you are meant to protect. You don’t take guns and hand them to irresponsible people to terrorise citizens,” he stressed.

Highlighting previous complaints against the outfit, he said, “We have heard cases of people they’ve killed, maimed, or extorted. This is a case too many. The Federal Government must urgently scrutinise and regulate this group, and make an official statement on the matter.”

Expressing concern about the whereabouts of the assaulted corps member, Mr Moghalu added, “Where is the victim? The government must produce her and allow her to speak publicly about her ordeal. She was serving her country and deserves protection from both state and federal authorities.”

He further alleged that Udo-Ga-Chi has been politicised to influence elections, particularly in favour of the incumbent governor, Prof. Chukwuma Soludo.

“It is now evident that the outfit was created as a political tool, and their actions during the last Saturday election made that very clear,” Mr Moghalu said.

 

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ADC Kicks Against Proposed Pay Rise For President, Governors, Others

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The African Democratic Congress (ADC) has objected to the proposed salary increases for political office holders, describing the move “as an affront to the struggling Nigerian people.”

The proposed review by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) would see the President, Vice President, governors, and other top officials receive substantial pay increases.

The ADC said the proposal is coming at a time when millions of Nigerians are grappling with the effects of inflation, rising fuel costs, and an inadequate minimum wage, suggesting a pay rise for the Nigerian workers instead.

A statement by Mallam Bolaji Abdullahi, the ADC National Publicity Secretary, said, the constitutional mandate of the RMAFC is to review salaries of political office holders, but considering such at this time further underlines how far this government is disconnected from the reality of Nigerian people.

The statement said, “We are aware of the Commission’s constitutional mandate to periodically review relevant emoluments of political office holders in the country. However, proposing such a review at a time when millions of Nigerians are struggling with soaring food inflation, high cost of fuel, inadequate and largely unpaid minimum wage would indicate a total disregard for the people.”

The party questioned how the political office holders are able to support their lifestyle of luxury and opulence if indeed these “outdated” salaries means anything to them.

He said, “For perspective, our national minimum wage stands at N70,000 per month, a figure that has been largely eroded by the APC’s inflation, even where it has been paid. Yet, unlike public office holders, most Nigerians do not receive additional allowances or emoluments to cushion the effects of the rising costs of living.

“This is why this proposed plan to increase the salaries of public office holders is not only tone-deaf, it is an all-out affront to the Nigerian people. It signals that the government is clearly disconnected from the struggles of ordinary citizens.

“In light of these developments, the ADC demands that this absurd plan be suspended immediately. No such increase should be implemented while ordinary citizens are grappling with extreme financial hardship. Government should focus on improving the lives of the people rather than improving the salaries of the President and other political office holders who already live in obscene indulgence.

“Government has no moral right to demand sacrifice from ordinary citizens while they focus on making lives easier for themselves. Political office holders cannot be insulated from economic hardships, while the everyday Nigerian suffers.”

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