How N1.2bn Was Paid Into Fayose’s Account – Witness Tells Court

Fayose Mr Alade-Oluseye Sunday, a prosecution witness in the on-going trial of Mr Abiodun Agbele, an ally of Gov. Ayodele Fayose of Ekiti, said he acted on the instructions of the defendant to pay money into various accounts.

Fayose

The witness, who is the branch Manager of Zenith Bank, Akure, told Justice Nnamdi Dimgba of a Federal High Court Abuja while giving his testimony on Monday.The News Agency of Nigeria reports that the Economic and Financial Crimes commission (EFCC) arraigned Agbele along with three companies in an  11-count charge bordering on money laundering.The companies are Sylvan Mcnamara Limited, De Privateer Limited and Spotless Investment Limited.The amount allegedly laundered is put at about N1.2 billion.Agbele pleaded not guilty to the charge contrary to Section15(2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended in 2012).At the resumed sitting, the witness told the court that the defendant gave instructions that the money should be transferred to various companies’ accounts listed in the charge.The witness said he followed the defendant to Akure Airport to receive the money brought in two aircraft.“The person I saw who brought the money to Agbele appears to be Sen. Musiliu Obanikoro. I recognised him from pictures of him I usually see on television because I never met him before.“The deposit slips used to pay the money into the various companies’ accounts were filled by Agbele himself because he knows the accounts.“On June 17, 2014, N100 million was paid into Spotless Investment Nigeria Limited and N219, 490,000 was also deposited into the De Privateer Company account on June 18, 2014.