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EFCC charges Fayose, hotel with N1.3bn fraud

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The Economic and Financial Crimes Commission has filed corruption charges against a former governor of Ekiti State, Ayodele Fayose, and his hotel, Spotless Investment Limited, Saturday PUNCH has learnt.

It was learnt that the EFCC filed the charges before the Federal High Court in Abuja.

Fayose is accused of receiving about N1.3bn when he “ought to have known that the said fund formed part of the proceeds of an unlawful activity of Col. Sambo Dasuki (retd.), the then National Security Adviser, and thereby committed an offence contrary to Section 18(a) of the Money Laundering (Prohibition) Act, 2011 (as amended in 2012) and punishable under Section 15 (3) of the same Act.”

Punch, October 20, 2018

 

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