Alleged N30.8bn fraud: Fayose pleads not guilty, remanded in EFCC custody

The immediate past Governor of Ekiti State , Ayodele Fayose , on Monday, appeared before a Federal High Court in Lagos , where he pleaded not guilty to the allegation that he misappropriated N 30 . 8 billion .
The embattled former governor was charged to court by the Economic and Financial Crimes Commission. A large number of his supporters were present in court , the News Agency of Nigeria reports .
He pleaded not guilty to the 11 charges .

EFCC is prosecuting Fayose alongside his company — Spotless Investment Ltd — on 11 charges of N 30 . 8 billion fraud .

After the arraignment of the accused , the defence counsel, Mr Kanu Agabi ( SAN ) , who is a former Attorney General of the Federation, informed the court of a motion on notice for the bail of the accused .

He told the court that same had been served on the prosecution .

In response , the EFCC Prosecutor , Mr Rotimi Oyedepo , confirmed service of the bail application but told the court that he required time to reply.

Justice Mojisola Olatoregun, consequently , adjourned the case until October 24 for the hearing of the bail application.

Meanwhile , following a plea by the defence counsel on the temporary remand of Fayose , the court ordered that he should be remanded in custody of the EFCC pending bail .

( NAN )

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