by Admin | Jun 28, 2016 | Blog |
Follow @NigeriaPI According to the Punch News, a Federal High Court in Lagos on Tuesday ordered the remand of a former Minister of Aviation, Femi Fani-Kayode, and two others in prison over an alleged fraud of N4.6bn. Justice Suleiman Hassan gave the remand order shortly after Fani-Kayode, Nenadi Usman and Danjuma Yusuf were arraigned before him by the Economic and Financial Crimes Commission. The judge said the three accused persons were to remain in the prison custody pending the determination of their bail applications, the hearing of which has been fixed for July 1, 2016. Joined with Fani-Kayode, Usman and Yusuf in the 17 counts filed by the EFCC was a company, Joint Trust Dimension Nigeria Limited. The charges bordered on conspiracy, unlawful retention of proceeds of theft and money laundering. Fani-Kayode, who was the spokesperson for former President Goodluck Jonathan’s campaign organisation in the 2015 general election, was accused of conspiring with the others to directly and indirectly retain various sums which the EFCC claimed they ought to have reasonably known were proceeds of them. The accused persons were said to have allegedly committed the offences between January 8, 2015 and March 25, 2015 in the build-up to the general election. In one of the counts, the EFCC alleged that Fani-Kayode, who it listed as the seconnd defendant in the charge sheet, and his co-defendants conspired among themselves to “indirectly retain the sum of N1,500, 000,000.00, which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: stealing.” The EFCC prosecutor, Mr. Rotimi Oyedepo, told the court that the said conspiracy...
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