The Federal High Court sitting in Ikoyi, Lagos, Wednesday granted the immediate past governor of Ekiti State, Ayodele Fayose, bail in the sum of N50m.

The sitting on Wednesday which is his second appearance before the court lasted less than 30 minutes.

The court also requested that he provide a surety who must have landed property in Lagos. The guarantor is also required to have three-year tax clearance in Lagos.

Fayose was arraigned before Justice Mojisola Olatoregun by the Economic and Financial Crimes Commission (EFCC) on charges of corruption.

He arrived at the court premises on Wednesday around 9am, escorted by armed security operatives and officials of the EFCC.

Fayose, who only left office last week is facing an 11-count charge bothering on receiving illegal monies to fund his 2014 governorship campaign in Ekiti State, among other allegations of benefitting from proceeds of money laundering.

The trial of Former governor of Ekiti state, Ayodele Fayose has been adjourned till Wednesday after he lost out in his bid to be granted bail by the federal high court in Lagos.

On Monday, the Economic and Financial Crimes Commission (EFCC) arraigned Fayose on an 11-count charge bordering on abuse of office.

The ex-governor pleaded not guilty when the charges were read to him.

Subsequently, Kanu Agabi, Fayose’s counsel, filed a bail application on behalf of his client but CMA Olatoregun, the presiding judge, rejected the application and ordered that Fayose should remain in EFCC custody till Wednesday.

Mr Fayose arrived at the court premises at about 8.30 a.m, accompanied by EFCC officials and armed police officers.
Femi Fani-Kayode, a former aviation minister and member of the Peoples’ Democratic Party, was also in court “to show solidarity”.

The charges against Mr Fayose are reproduced below:
IN THE FEDERAL HIGH COURT
IN THE LAGOS JUDICIAL DIVISION
HOLDEN AT LAGOS
CHARGE NO:………………..
BETWEEN
FEDERAL REPUBLIC OF NIGERIA ) COMPLAINANT
AND
1. MR. AYODELE FAYOSE DEFENDANTS
2. SPOTLESS LIMITED
CHARGE
COUNT 1
That you MR. AYODELE FAYOSE and MR. ABIODUN AGBELE (now facing another charge) on or about 17th June, 2014 in Lagos, within the jurisdiction of this Honourable Court, took possession of the sum of N1, 219, 000, 000.00 (One Billion, Two Hundred and Nineteen Million Naira) to fund your 2014 gubernatorial campaign in Ekiti State, which sum you reasonably ought to have known formed part of the proceeds of an unlawful act, to wit: criminal breach of trust/stealing and you thereby committed an offence contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) and (4) of the same Act.

COUNT 2
That you MR. AYODELE FAYOSE on or about 17th June, 2014 in Lagos, within the jurisdiction of this Honourable Court, without going through the financial institution received cash payment in the sum of $5, 000, 000 (Five Million Dollars) from SENATOR MUSILIU OBANIKORO, the then Minister of State for Defence, which sum exceeded the amount authorised by law and you thereby committed an offence contrary to Sections 1 and 16 (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 16 (2) (b) of the same Act.
COUNT 3

That you MR. AYODELE FAYOSE on or about 7th April, 2015 in Lagos, within the jurisdiction of this Honourable Court, did retain in your fixed deposit account No: 9013074033 with Zenith Bank Plc, the sum of N300, 000, 000.00 (Three Hundred Million Naira) which sum you reasonably ought to have known formed part of proceeds of an unlawful act, to wit: criminal breach of trust/stealing and you thereby committed an offence contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act.

COUNT 4
That you MR. AYODELE FAYOSE and SPOTLESS LIMITED between 17th June, 2014 and 4th August, 2014 in Lagos, within the jurisdiction of this Honourable Court, took control of an aggregate sum of N317, 000, 000.00 (Three Hundred and Seventeen Million Naira) by depositing same into the Zenith Bank Plc’s Account No: 1010170969 belonging to SPOTLESS INVESTMENT LIMITED, a company controlled by you and members of your family and which sum you reasonably ought to have known formed part of proceeds of an unlawful act, to wit: criminal breach of trust/stealing and you thereby committed an offence contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act.

COUNT 5
That you MR. AYODELE FAYOSE between 26th June, 2014 and 27th August, 2014 in Lagos, within the jurisdiction of this Honourable Court, took control of an aggregate sum of N305, 760, 000.00 (Three Hundred and Five Million, Seven Hundred and Sixty Thousand Naira) in your Zenith Bank Account No: 1003126654 which sum you reasonably ought to have known formed part of proceeds of an unlawful act, to wit: criminal breach of trust/stealing and you thereby committed an offence contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act.

COUNT 6
That you MR. AYODELE FAYOSE between 18th June, 2014 and 23rd June, 2014 within the jurisdiction of this Honourable Court, did procure DE-PRIVATEER LIMITED and one ABIODUN AGBELE to retain in their Account No: 1013835889 domiciled with Zenith Bank Plc, Apapa branch, Lagos, an aggregate sum of N719, 490, 000.00 (Seven Hundred and Nineteen Million, Four Hundred and Ninety Thousand Naira) on your behalf, which sum formed parts of proceed of an unlawful act, to wit: criminal breach of trust/stealing and you thereby committed an offence contrary to Section 18 (c) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act.

COUNT 7
That you MR. AYODELE FAYOSE and SPOTLESS LIMITED on or about 4th August, 2014, within the jurisdiction of this Honourable Court, did use the sum of N270, 000, 000.00 (Two Hundred and Seventy Million Naira) to acquire a property at Plot 1504, Yedsema Street, Maitama, Abuja from one RABI KUNDILI, which sum you reasonably ought to have known formed part of the proceeds of an unlawful act, to wit: criminal breach of trust/stealing and you thereby committed an offence contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act.

COUNT 8
That you MR. AYODELE FAYOSE between 12th November, 2014 and 20th August, 2015, within the jurisdiction of this Honourable Court, did use an aggregate sum of N1, 151, 711, 573 (One Billion, One Hundred and Fifty One Million, Seven Hundred and Eleven Thousand, Five hundred and Seventy Three Naira) to acquire chalets 3 and 4, 6 and 9 of the property situate at Plot 100 Tiamiyu Savage Street, Victoria Island, Lagos in the name of JJ TECHNICAL SERVICE, which sum you reasonably ought to have known formed part of the proceeds of an unlawful act, to wit: criminal breach of trust/stealing and you thereby committed an offence contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act.

COUNT 9
That you MR. AYODELE FAYOSE between 23rd April, 2015 and 30th April, 2015 within the jurisdiction of this Honourable Court, did use an aggregate sum of N200, 000, 000.00 (Two Hundred Million Naira) to acquire a property known as No. 44, Osun Crescent, Maitama, Abujain the name of MOJI OLADEJI (your elder sister), which sum you reasonably ought to have known formed part of the proceeds of an unlawful act, to wit: criminal breach of trust/stealing and you thereby committed an offence contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act.
COUNT 10
That you MR. AYODELE FAYOSE between 23rd April, 2015 and 30th April, 2015 within the jurisdiction of this Honourable Court, did use an aggregate sum of N270, 000, 000.00 (Two Hundred and Seventy Million Naira) to acquire a property known as Plot 1504 Yedseram Street, Maitama, Abuja in the name of SPOTLESS INVESTMENT LIMITED, which sum you reasonably ought to have known formed part of the proceeds of an unlawful act, to wit: criminal breach of trust/stealing and you thereby committed an offence contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act.

COUNT 11
That you MR. AYODELE FAYOSE on or about 30th January, 2015 within the jurisdiction of this Honourable Court, did procure STILL EARTH LIMITED to retain in its account with First City Monument Bank (FCMB), the sum of N132, 500, 000.00 (One Hundred and Thirty Two Million, Five Hundred Thousand Naira) for your benefit, which sum formed part of the proceeds of your unlawful activity, to wit: gratification which you received from SAMCHASE NIGERIA LIMITED and you thereby committed an offence contrary to Section 18 (c) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act.

Former Governor of Ekiti State, Mr Ayodele Fayose, who on Tuesday reported at the Economic and Financial Crimes Commission (EFCC) office in Abuja in accordance with his promise is still being interrogated by the commission.

Head, Media and Publicity of the EFCC, Mr Wilson Uwujaren disclosed this in a telephone interview with the News Agency of Nigeria (NAN) in Abuja on Wednesday.

Asked why Fayose was still detained for over 24 hours, Uwujaren said “we are still within range. We are not keeping him but interrogating him.”

Fayose’s tenure as governor ended on Monday, and he had on Saturday, presented “Hand-over Note’’ to his successor, Dr Kayode Fayemi, who was inaugurated on Tuesday.

On arrival at EFCC office, the former governor had said “I am here in line with my promise that I will be here on the 16th of October.

“And, like I said to EFCC, they should await my arrival. They had been to my house; they cordoned off my street which I feel personally was unnecessary. It is unwarranted.

“I had led Ekiti, and the best I could give, I have given. Therefore, every question, whatever they need to ask, I will be able to respond appropriately.”

He had in a letter to the EFCC sometime ago, said his term of office “to which I enjoy immunity against investigation and prosecution shall lapse by Monday, Oct. 15, 2018.

“As a responsible citizen of our great country, who believes in the rule of law, I wish to inform you of my decision to make myself available in your office on Tuesday, 16th October, 2018 at 1pm.

“It is to clarify issues or answer questions within my knowledge.”

Meanwhile, Fayose, has maintained his denial of all the allegations made against him by the EFCC

His media aide, Lere Olayinka, in a statement on Wednesday, said Fayose had insisted that he be charged to court.

“Today is his second day in EFCC custody and I can say that his spirit is high and his will remains very strong,” he said.

Olayinka, who said the EFCC must stop acting irresponsibly by subjecting Nigerians to media trial whenever they lacked concrete evidence to sustain court trial, added that “the commission has started its usual lies by claiming that it discovered houses bought by Fayose with public fund.”

He said: “Nigerians should recall that in 2016, operatives of this same EFCC attempted to seal up a guest house located at Gana Street, Maitama, Abuja, claiming that it belonged to Fayose. Whereas, the building belonged to a retired army general.”

Olayinka said since the EFCC claimed to have “overwhelming evidence” against the former governor, the most reasonable thing to do is to charge him to court and get him prosecuted with the overwhelming evidence at the
commission’s disposal.

“However, since the EFCC is only being used to settle political scores, it is more comfortable with keeping Fayose in custody so as to achieve the agenda of keeping him out of circulation and embarking on its usual media trial.

“But on this Fayose’s matter, they have picked on a wrong customer and no amount of intimidation, blackmail and harassment will break his resistance to tyranny, agent of which the EFCC has become.”