Faboyode’s Arraignment: PDP Reacts

The Peoples Democratic Party, PDP has reacted to the arraignment of the Party chairman, Engr Clement Faboyede and Mr. Tokunbo Modupe by a Lagos high court today, over alleged N500m fraud.

In a statement credited to the Party zonal Publicity secretary, Mr. Ayo Fadaka. The party stated that the accused are not guilty of any offence known to the law, while adding that the Party will patiently wait for the court to do justice on the allegations.

Below is the statement Unedited:

We note the arraignment of Engr Clement Faboyede, PDP Chairman, Ondo State alongside Akogun Tokunbo Modupe, who was the Coordinator of President Goodluck Jonathan Campaign Group in our State. It is imperative to clearly underscore the fact that the N500 million upon which this case is built is the campaign fund released by the Party to the Ondo State PDP through the Fidelity Bank and not in any manner a fraudulent issue. It was these gentlemen who signed and withdrew the money on behalf of the Party and this is the reason why the EFCC is prosecuting them. While we are not interested in the politics surrounding this matter, we however wish to state categorically that the APC is merely abusing the privileges of power to persecute the PDP endlessly, this we consider pedestrian and cheap. We reiterate very firmly that these gentlemen are no criminals as they only acted on behalf of the Party, it is the PDP that is in trial here and as a Party, we continue to repose confidence in the ability of the judiciary to adjudicate on this matter.

Ayo Fadaka

Zonal Publicity Secretary