[FILE PHOTO] Former Ekiti State Governor Ayo Fayose arrivING at the office of the Economic and Financial Crimes CommissionThe Economic and Financial Crimes Commission (EFCC) is to arraign today former governor of Ekiti State, Ayodele Fayose, before a federal high court sitting in Lagos over alleged breach of trust and possession of N1. 219 billion proceeds of an unlawful act and gratification.
He is to face 11 count charges alongside one Mr. Abiodun Agbele, who stands for another.
His offence, according to the anti-graft agency, is contrary to Section 15 (2) (d), 18 (c) of the Money Laundering (Prohibition) Act 2011 (as amended) and punishable under Section 15 (3) and (4) of the same law.
The commission claimed that the ex-governor on June 17, 2014 took possession of N1 billion to fund his gubernatorial ambition and also received $5 million from erstwhile Minister of State for Defence, Musiliu Obanikoro, in breach of lawful election expenditure.
He is also accused to have unlawfully spent N1,151, 711, 573 on chalets 3 and 4, 6 and 9 at Plot 100 Tiamiyu Savage Street, Victoria Island, Lagos in the name of JJ Technical Service.
The charges read in part: “That you Mr. Ayodele Fayose between November 12, 2014 and August 20, 2015 within the jurisdiction of this honourable court, did use an aggregate sum of N1, 151, 711, 573 (one billion, one hundred and fifty one million, seven hundred and eleven thousand, five hundred and seventy three naira) to acquire chalets 3, 4, 6 and 9 of the property situated at plot 100 Tiamiyu Savage Street, Victoria Island, Lagos in the name of JJ Technical Service, which sum you reasonably ought to have known formed part of the proceeds of an unlawful act, to wit: criminal breach of trust/stealing and you thereby committed an offence contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act 2011 (as amended) and punishable under Section 15 (3) of the same Act.”