Friday, October 30, 2026

Court acquits ex-Ekiti governor Fayose of money laundering charges

Mr Fayose had been standing trial on allegations of money laundering and fraud during his tenure as governor of Ekiti.

• July 16, 2025
FAYOSE
Ayodele Fayose [Credit: Sunrise News]

The Federal High Court, Lagos Division, on Wednesday, discharged and acquitted former Governor Ayodele Fayose of all the charges of money laundering brought against him by the Economic and Financial Crimes Commission.

Justice Chukwujekwu Aneke upheld Mr Fayose’s no-case submission on the ground that the prosecution failed to establish a prima facie case against him to warrant his defense.

Mr Fayose had been standing trial on allegations of money laundering and fraud during his tenure as governor of Ekiti.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

World Court

World

World Court’s financial constraints could undermine access to international justice, Nigeria warns

Nigeria has demanded increased funding for the International Court of Justice, warning that financial constraints could undermine access to international justice.

GTCO, First HoldCo, Zenith, Access

Africa

GTCO, First HoldCo crash in 2026 banking rankings; Zenith, Access buck slide

Zenith Bank and Access have outperformed GTCO, First HoldCo and some of Africa’s biggest financial institutions in the newly released 2026 edition of the 300 Finance Champions.

Javits

Africa

15-old-old Ghanaian boy shot dead on way to school in U.S.

The grieving father said his late son moved to the U.S. from Ghana a year ago.

Joash Amupitan

Anti-Corruption

INEC admits electoral officials tampered with Nigeria’s voter register

INEC admitted that its officials tampered with the voter register nationwide using AI-generated photos.

Economy

Real estate businessman allegedly dies by suicide after releasing video about family, business

“I am doing this video on behalf of my family. I, Akinbolusere Kayode, am doing my will on my properties. I am doing this on my own; nobody put pressure on me,” said the realtor.

Luanda and Lagos

Africa

Luanda to overtake Lagos as Sub-Saharan Africa’s most populous city by 2050: World Bank

Angola’s capital, Luanda, could surpass Lagos as Sub-Saharan Africa’s most populous city by 2050, according to a recent World Bank report.