EFCC Slams Fresh N26 Million Charge On Fani- Kayode 

Femi Fani-Kayode
Femi Fani-Kayode

Former Minister of Aviation, Femi Fani Kayode, was on Thursday re-arraigned by the Economic and Financial Crimes Commission, EFCC, before Justice John Tsoho of the Abuja Federal High Court, on a fresh money laundering charge.

The former campaign spokesman of former President Goodluck Jonathan was accused of collecting N26 million from former National Security Adviser, NSA, Sambo Dasuki without going through financial institutions as required under the Money Laundering Act.

He pleaded not guilty to the charge and was granted bail in the sum of N50 million and one surety in like sum, while the case was adjourned to December 14 for hearing.

It would be recalled that the EFCC had on Friday, October 21, re-arrested Fani-Kayode, after he stepped out of a courtroom at the Federal High Court in Lagos, where he is already standing trial.

He had earlier been arraigned alongside former Minister of Finance, Nenandi Usman and one Danjuma Yusuf on a 17-count charge of unlawful retention, unlawful use and unlawful payment of money to the tune of about N4.9 billion.

The EFCC said that the money was sourced from the office of the NSA, manned at the time by Sambo Dasuki, who is also undergoing corruption trail.

    According to the anti-graft commission, the accused persons reasonably should have known that the money was proceeds of corruption.

    Fani-Kayode and Nenadi Usman were each granted N150 million bail while the trial continued.

    In October, security agencies had detained Fani-Kayode’s wife for allegedly attempting to withdraw money from one of her husband’s bank accounts which had been frozen by the EFCC.

    Governor Ayodele Fayose of the Ekiti State, however intervened, by personally going to the police station and securing her release.

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