Justice Chukujekwu Aneke of the Federal High Court in Ikoyi, Lagos, adjourned the trial of former Ekiti governor Ayodele Fayose on Wednesday to March 20.
The politician and his company, Spotless Investment Limited, are being investigated for allegedly committing an N6.9 billion fraud.
On July 2, 2019, the Economic and Financial Crimes Commission (EFCC) re-arrested Fayose and Spotless on an 11-count charge of money laundering and stealing.
The defendants were first arraigned before Justice Mojisola Olatoregun on October 22, 2018.
At today’s resumed hearing, Musiliu Obanikoro was questioned by prosecution counsel Rotimi Jacobs, SAN.
During cross-examination by counsel for the second defendant, Olakekan Ojo, SAN, he described how the NSA’s Office budgeted N2.2 billion for the 2014 Ekiti governorship election.
Obanikoro claimed the funds were transferred from the NSA’s security account to Silver Maclamaran Nigeria Limited, a company he owns.
However, the former Secretary of State for Defence distanced himself from Silver’s day-to-day operations and denied being a signatory.
“Olalekan Olafare is the signatory…I was the chairman of the Committee and a lot of funds were contributed even up to the national level of our party,” he said.
When asked to name any members of the fund-raising committee, Obanikoro mentioned T. K. Aluko and Lateef Agbaje.
