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Posted By Admin On July 16th, 2025

The Economic and Financial Crimes Commission, EFCC, has said it will appeal the judgement of the Federal High Court sitting in Ikoyi, Lagos, which acquitted and discharged former Ekiti State governor, Ayodele Fayose, of alleged N6.9 billion fraud.

This was contained in a statement issued via the anti-graft agency’s official X handle on Wednesday.

DAILY POST reports that the court on Wednesday discharged and acquitted Fayose of all charges in the long-running N6.9 billion money laundering case filed against him by the EFCC.

“Sequel to the judgement of Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos on Wednesday, July 16, 2025, acquitting and discharging a former Governor of Ekiti State, Mr. Ayo Fayose from an alleged money laundering case preferred against him by the Economic and Financial Crimes Commission, EFCC, the Commission wishes to state that it is already studying the ruling and preparing for an appeal.

“The former governor was re-arraigned on Tuesday, July 2, 2019, alongside Spotless Investment Limited on an 11-count charge bordering on money laundering and stealing to the tune of N6.9bn,” the agency said in the statement.

Source: https://dailypost.ng/2025/07/16/alleged-n6-9bn-fraud-efcc-vows-to-appeal-fayoses-acquittal/