EFCC to Appeal Fayose’s Acquittal in Alleged N6.9bn Fraud Case

The Economic and Financial Crimes Commission (EFCC) intends to appeal the recent judgment acquitting former Ekiti State Governor, Ayo Fayose.

This decision follows the ruling delivered by Justice Chukwujekwu Aneke at the Federal High Court in Ikoyi, Lagos, on July 16, 2025.

As a result, Fayose and his co-defendant, Spotless Investment Limited, were discharged from all charges against them.

The court’s ruling marked a significant moment in the ongoing legal battle surrounding these allegations.

Initially, the EFCC arraigned Mr. Fayose on July 2, 2019, presenting an 11-count charge against him.

These charges encompassed serious allegations of stealing and money laundering, involving a staggering total of N6.9 billion.

Importantly, the charges arose from a broader investigation into financial misconduct during Fayose’s tenure as governor.

After the court’s decision, the EFCC issued a statement reaffirming its commitment to uphold the rule of law in Nigeria.

Moreover, the Commission disclosed that it is currently reviewing the judgment and preparing to file an appeal.

Legal counsel has been briefed to challenge the ruling at the appellate level effectively.

“The EFCC remains resolute in its fight against corruption and financial crimes.

While we respect the court’s decision, we are determined to pursue justice through appropriate legal channels,” the statement declared.

Legal observers and the public closely follow the case against Mr. Fayose due to its implications for Nigeria’s anti-corruption efforts.

Consequently, the EFCC’s decision to appeal highlights its commitment to thoroughly examining and adjudicating cases of alleged financial misconduct.

As the Commission advances with its appeal process, public attention will focus on how this high-profile case unfolds in the coming months.

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