Former Ministers, Fani-Kayode, Nenadi Usman Arraigned By EFCC Over Alleged N4.9 Billion Fraud


Femi-Fani Kayode
Photo source: tori.ng
The Economic and Financial Crimes Commission has on Tuesday arraigned former Minister of Aviation, Mr. Femi Fani-Kayode and two others over alleged laundering of N4.9 billion.
 The former Minister is facing a 17-count charge  bordering on unlawful retention, use and payment of money in the tune of N4.9 billion.




 The persons being charged along side Mr. Fani-Kayode includes former Minister of  Finance Nenadi Esther Usman, Danjuma Yusuf and a company named Joint Trust Dimension.




 The EFCC has it that they committed the offence between January & March 2015.
 Counsel to the 1st and 2nd accused, Ayo Adepide and Fred Orbih told the court that a bail application has being filed on behalf of the defendants but the counsel to the third accused, S.I Ameh said he hasn't filed a bail application yet.
 The Judge in charge said they would be remanded in prison from June 28th, 2016 till their bail gets approved.
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