Isaac Fayose has been arraigned before the Federal High Court sitting in Lugbe, Abuja, for multi-million naira advance fee fraud.
Isaac Fayose, the younger brother to the immediate past governor of Ekiti State, Ayo Fayose, is presently being arraigned for advance fee fraud.
In a detailed report made available to the media by the Economic and Financial Crimes Commission, it was confirmed that Fayose was arraigned in July before Justice Binta Mohammed of the Federal High Court sitting in Lugbe, Abuja, for fraud.
The charge against him read: “That you, Isaac Fayose, on or about 3rd September 2008 in Abuja within the Abuja Judicial Division of the High Court of the Federal Capital Territory with intent to defraud, obtained the gross sum of N17,600,000 (Seventeen Million Six Hundred Thousand Naira) from one Joe Onyiuke under false pretence that the said sum represents part payment for six (6) years lease of a property located at Plot 643, Alex Ekwueme Way, Jabi, Abuja, which property comprises two multipurpose halls, garden/bar and two rooms, which you know to be false and thereby committed an offence contrary to Section 1(1) (a) of the Advance Fee Fraud and other Fraud Related Offences Act, 2006 and punishable under Section 1(3)of the same Act.”
He pleaded “not guilty” to the charge.
After reading the charges, Jude Obozuwa, the counsel to the anti-graft commission, asked the court to fix a date for the trial before Patrick Ediale, the counsel to Fayose, moved the bail application for his client.
Justice Binta, after hearing the prayers of both counsels, granted bail to Fayose in the sum of 5 million with two sureties in like sum, who must own property within Abuja and must provide a proof of means of livelihood.
The case was, thereafter, adjourned till September 26, 2019, for commencement of trial.