Thursday, 16 February 2012

EFCC re-arraign Femi Fani-Kayode on money laundrying charge

Femi Fani-Kayode
The Economic and Financial Crimes Commission (EFCC) has re-arraigned Femi Fani-Kayode (former Minister of Aviation) on a 47-count charge of money laundering before a Federal High Court  in Lagos. He is accused of laundering various sums of money totaling N230 million through some of his aides, his wife, Regina Fani-Kayode and daughter, Remilekun between August 2006 and March 2007.

Mr Fani Kayode's counsel was opposed to the re-arraignment of his client on the premise that the judges of the Appeal Court while admitting his client’s statement of account as evidence did not order for a fresh trial.

Femi Fani-Kayode has pleaded not guilty to all the counts and Justice Murtala-Nyako ordered that he should continue to enjoy bail on the same terms granted by the former court

1 comment:

  1. hope this is not one of the EFCC dramatic media circus ooo! we are watching and waiting but lets follow the rule of law in all these cases.