‘PDP denied release of N1.29bn to Fayose through Obanikoro,’ Witness tells court in ex-gov’s money laundering trial

A prosecution witness, Abubakar Aliyu Madaki, on Friday, told the Federal High Court, Lagos, how a former minister of state for defence, Musiliu Obanikoro, handed over the cash sum of N1.29 billion to ex-Ekiti State governor, Ayodele Fayose, in 2014.

Madaki, a former Economic and Financial Crimes Commission (EFCC) operative, stated this at the resumed trial of the former governor for alleged N6.9 billion fraud in Lagos.

The commission re-arraigned Fayose alongside his company, Spotless Investment Limited, on an amended 11-count charge of money laundering on December 2, 2021.