N9.6bn fraud: How Fayose’s associate bought properties worth N1.3bn in 4 months

The eleventh prosecution witness, PW11, Joanne Tolulope, in the ongoing trial of a former Ekiti State governor, Ayodele Fayose, on Wednesday, December 1, 2021, told Justice Chukujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos how Fayose’s associate, Abiodun Agbele, had bought properties worth N1.3 billion within four months.

The Economic and Financial Crimes Commission, EFCC, Lagos Command had, on Tuesday, July 2, 2019, re-arraigned Fayose on an 11-count charge bordering on money laundering and stealing to the tune of N6.9bn( Six Billion Nine Hundred Naira).

Fayose was arraigned alongside one of his firms, Spotless Investment Limited, for the alleged fraud.