Alleged money laundering how fayose moved n200m cash from his residence to our bank witness
It appears you're referring to a news article or a court case involving a former Nigerian governor, Ayodele Fayose, and allegations of money laundering.
To provide a summary, Ayodele Fayose, the former Governor of Ekiti State, was arrested in 2016 by the Economic and Financial Crimes Commission (EFCC) on allegations of money laundering and corruption. One of the allegations against him was that he moved N200 million (approximately $533,000 USD) from his residence to a bank account in his name.
The EFCC claimed that the money was part of the funds stolen from the state treasury during Fayose's tenure as governor. Fayose denied the allegations, claiming that the money was a loan from a businessman, Abiodun Agbele, who was also arrested and charged alongside him.
During the trial, the EFCC presented several witnesses, including a bank official who testified that Fayose deposited the N200 million cash into his account at the bank. The bank official claimed that Fayose came to the bank with a bag containing the cash and asked to deposit it into his account.
Fayose's defense team argued that the money was not stolen from the state treasury and that the EFCC's evidence was fabricated. They also claimed that the bank official's testimony was false and that the money was a loan from Agbele.
The case is still ongoing, and the court is yet to deliver a verdict. However, the allegations against Fayose have sparked widespread outrage and calls for accountability in Nigeria's political system.
It's worth noting that the EFCC has a reputation for being a powerful anti-corruption agency in Nigeria, but it has also been criticized for its handling of cases and allegations of political bias. The case against Fayose is just one example of the many corruption allegations that have been made against Nigerian politicians and public officials.