\n

A Lagos Federal High Court heard on Monday how former National Security Adviser, NSA, Sambo Dasuki paid ex-Ekiti State Governor Ayodele Fayose N1.2 billion in cash.<\/p>\n

A former investigative officer of the Economic and Financial Crimes Commission, EFCC, Abubakar Madaki, said Dasuki paid the money to Fayose in cash to disguise the source and eliminate all forms of traces.<\/p>\n

Madaki told Justice Chukwujekwu Aneke, that this was discovered during an EFCC investigation.<\/p>\n

Madaki said EFCC discovered that the fund was from Dasuki\u2019s office and was budgeted to procure arms, contrary to claims that the money was a presidential campaign fund.<\/p>\n

EFCC had dragged Fayose and his company, Spotless Investment Limited, before the judge on an 11-count charge of criminal breach of trust, theft and stealing of public funds.<\/p>\n

The anti-graft agency alleged that Fayose and one Abiodun Agbele, who is also standing trial on alleged money laundering offences before another division of the court, took possession of N1.219 billion on June 17, 2014, to fund his 2014 governorship campaign in Ekiti State.<\/p>\n

At the resumed hearing of the matter on Monday, Madaki, the 13th prosecution witness, told the court that Fayose did not personally make any financial transactions relevant to the charge before the court.<\/p>\n

The judge adjourned the trial to July 19.<\/p>\n

Ex-NSA Dasuki paid Fayose N1.2bn cash to avoid traces \u2014 witness<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A Lagos Federal High Court heard on Monday how former National Security Adviser, NSA, Sambo Dasuki paid ex-Ekiti State Governor…<\/p>\n","protected":false},"author":1,"featured_media":39612,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19564,19014,15],"tags":[8,848,19565,19567,19566,9981,19016,180,2135,17718,2275],"class_list":["post-39611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dasuki","category-fayose","category-news","tag-akwa-ibom","tag-avoid","tag-cash","tag-dasuki","tag-ex-nsa","tag-fayose","tag-n1-2bn","tag-news","tag-paid","tag-traces","tag-witness"],"yoast_head":"\n