Tuesday 28 June 2016

Alleged N4.9bn Fraud: Femi Fani-Kayode, Others Remand In Prison


Former Minister of Aviation and spokesperson of PDP presidential campaign in the 2015 Election, Femi Fani-Kayode along with others earlier detained with him were today 28th June remanded in prison by a Federal High Court Lagos.

The Economic and Financial Crime Commission had today Femi Fani-Kayode , Nenadi Esther Usman, a former Minister of Finance and Director of Finance PDP Presidential Campaign
Organization, Danjuma Yusuf and Jointrust Dimensions Nigeria Limited before Justice M. Suleiman Hassan of the Federal High Court Lagos, on a 17-count charge bordering on conspiracy, stealing, corruption and making cash payments exceeding the amount authorized by law.

The accused who were alleged to have illegally disbursed about N4.9 billion naira belonging to the Federal Government, pleaded not guilty to all the charges preferred against them


The Judge, Justice M. S. Hassan, however ordered that the defendants be remanded in prison custody and adjourned the case to July 1, 2016 for hearing of bail application

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