Alleged N1.2bn fraud: EFCC presents 11th witness against Fayose

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The Economic and Financial Crimes Commission on Monday presented its 11th witness in a case of alleged money laundering it preferred against former Governor Ayodele Fayose of Ekiti State.

The witness, Mr. Sunday Alade, was the Akure branch manager of the Zenith Bank Plc in 2014 when N1.2bn was allegedly moved to the branch.

Led in evidence on Monday by EFCC counsel, Rotimi Jacobs , Alade testified that he received a telephone call from the bank’s head of operations then, asking him to head to the Akure Airport to receive an amount of money from a customer. “He said we should prepare to go to the airport; I asked for time to arrange for security, but they said that won’t be necessary as they had sufficient security.The witness said that he accompanied Oshodi and Agbele to the airport, along with the bullion van and security men.

“The total cash amounted to N1.219bn. Another aircraft brought the N494m. I gathered that the cash was lodged into three bank accounts – those of De-Privateer, Spotless Investment and Ayodele Fayose.When asked by the prosecution counsel who Adewale was, the witness said, “Adewale O. introduced himself as Obanikoro’s ADC.”

 

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