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Twist as EFCC Set to Appeal ex-Gov Fayose’s Acquittal in Alleged N6.9bn Fraud

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The Economic and Financial Crimes Commission, EFCC, on Wednesday says it is already studying the and preparing for an appeal the ruling which acquitted a former Governor of Ekiti State, Mr. Ayo Fayose from an alleged money laundering case preferred against him by the commission.

Fayose was discharged and acquitted in a judgment delivered by Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos on Wednesday, July 16, 2025.

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 ( Six Billion Nine Hundred Naira).

The EFCC reaffirms its commitment to the rule of law as it briefs its counsel to appeal the judgment.

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