Glamtush
No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
No Result
View All Result
Glamtush
No Result
View All Result
Home News Metro/Crime

EFCC Appeals Acquittal Of Fayose’s Ally, Others In ₦1.2bn Money Laundering Case

by GLAMTUSH
July 8, 2024
in Metro/Crime, News
Reading Time: 2 mins read
Share on FacebookShare on TwitterShare on PinterestShare on WhatsappShare on LinkedinShare on Telegram

EFCC has appealed the acquittal of Fayose’s ally and others in the ₦1.2bn money laundering case.

 

Glamtush reports that the Economic and Financial Crimes Commission (EFCC) has filed a notice of appeal to challenge the ruling of Justice Nnamdi Dimgba of the Federal High Court which acquitted Abiodun Agbele, an associate of the former Ekiti State Governor Ayodele Fayose, and three others, in the ₦1.2bn money laundering charge brought against them by the commission.

 

This online news platform understands that Agbele and 3 companies linked to him and Fayose, namely Sylvan Mcnamara Limited, De Privateer Limited, and Spotless Investment Limited were listed as the first to fourth respondents in the appeal.

The ₦1.2bn is said to be part of the sum of ₦4.7 billion belonging to the Federal Government and allegedly transferred from an account associated with the Office of the National Security Adviser (NSA) in the Central Bank of Nigeria.

On the 21st of June, 2024, Justice Dimgba upheld the no-case submission of Agbele and ruled that he had no case to answer.

In the notice of appeal, the EFCC, through its prosecuting counsel, Senior Advocate of Wahab Shittu listed 17 grounds of appeal and sought two reliefs from the Court of Appeal:

First, it sought for an order allowing the appeal set aside the ruling of Justice Nnamdi Dimgba of the Federal High Court, Abuja, and in its place holding that the 1st, 3rd and 4th respondents have a case to answer on counts 1, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23 and 24 of the amended charge.

The commission also sought an order directing the 1st, 3rd and 4th respondents to enter into their defence before the trial court on listed counts of the amended charge.

The EFCC expressed its dissatisfaction with the whole decision of the lower court, particularly paragraph 2 of the June 21 ruling.

The commission also complained about the decision which discharged and acquitted the 1st 3rd and 4th respondents on counts 1, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 1 4, 15, 16, 17, 18, 19, 20, 21, 22, 23 and 24 of the amended Charge, dated March 5, 2024, and filed on March 7, 2024, before Justice Dimgba of the Abuja Division of the Federal High Court, among others.

The commission said there is overwhelming evidence that N1,219 million from the account of the National Security Adviser (NSA) of Nigeria domiciled with CBN and earmarked for security purposes and paid into the account of the 2nd respondent by the office of the NSA was unlawfully diverted by the 1st, 3rd and 4th respondents to fund Fayose’s governorship election.

It said the trial court erred in law in holding that, in spite of overwhelming oral and documentary evidence admitted by the trial court showing that the 1st, 3rd and 4th respondents unlawfully retained, transferred and took possession of the various sums of money contained in counts 1 to 24, the 1st, 3rd and 4th respondents still have no case to answer on the said counts as constituted by the appellant.

Related Posts

Nigeria Ebola-Free
News

Nigeria Ebola-Free After Patient’s Evacuation to Switzerland — Says WHO

October 26, 2026
Cybercrime
Metro/Crime

Cybercrime: FBI Arrests Nine in Nigeria, Seizes 53 Devices

October 26, 2026
Yasuo Fukuda
News

Former Japanese Prime Minister Yasuo Fukuda Dies at 90

October 26, 2026
Nigeria’s Ebola Index Patient
News

Nigeria’s Ebola Index Patient Evacuated Abroad for Treatment

October 26, 2026
Keyamo
News

Tinubu Appoints Keyamo to Head Directorate of Air Mobilisation for APC 2027 Re-Election Campaign

October 26, 2026
Gratuity for Retired Police Officers
News

IG Disu Proposes 200% Gratuity for Retired Police Officers

October 26, 2026
Next Post
June 2024

June 2024 Hottest Month Ever Recorded Globally - EU

Magazine Cover

Toyin Abraham
Nigeria Ebola-Free

Nigeria Ebola-Free After Patient’s Evacuation to Switzerland — Says WHO

October 26, 2026
Cybercrime

Cybercrime: FBI Arrests Nine in Nigeria, Seizes 53 Devices

October 26, 2026
Yasuo Fukuda

Former Japanese Prime Minister Yasuo Fukuda Dies at 90

October 26, 2026
Nigeria’s Ebola Index Patient

Nigeria’s Ebola Index Patient Evacuated Abroad for Treatment

October 26, 2026
Keyamo

Tinubu Appoints Keyamo to Head Directorate of Air Mobilisation for APC 2027 Re-Election Campaign

October 26, 2026
Gratuity for Retired Police Officers

IG Disu Proposes 200% Gratuity for Retired Police Officers

October 26, 2026
2026 Ballon d’Or

2026 Ballon d’Or Winner Emerges Today

October 26, 2026
​Open Heavens Daily Devotional

Open Heavens Daily Devotional | October 26, 2026

October 26, 2026
Mbappé

Mbappé Scores Brace as Real Madrid Beat Barcelona 2-1

October 25, 2026
Business Forum

Fidelity Bank Targets Growth for SMEs at Abuja Business Forum

October 25, 2026

GPBN Associates Member

GLAMTUSH

 

Glamtush publishes the latest trends in fashion, beauty, and lifestyle, as well as those making the fashion world interesting and adorable.

Fidelity Bank

GLAMTUSH

Glamtush publishes the latest trends in fashion, beauty, and lifestyle, as well as those making the fashion world interesting and adorable.

 

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us

REACH OUT

Do you have any news for us? Event Coverage, Press Releases or Adverts? Then reach out to us via glamtush@gmail.com or glamtush15@gmail.com

OFFICE ADDRESS

Lagos, Nigeria

Copyright © 2022 Glamtush

  • About Us
  • Advertise
  • Contact Us
  • Disclaimer
  • Glam Tush – Naija News & Entertainment News
  • Glamtush – Nigeria News, Nigerian Newspapers, Naija News
  • Latest Naija News Today
  • Terms And Conditions
  • Write for Us

© 2026 Glamtush

No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events

© 2026 Glamtush