Fani- Kayode re- arraigned over money laundering charges

Femi Fani-Kayode

A former Minister of Aviation, Femi Fani-Kayode, was on Thursday re-arraigned by the Economic and Financial Crimes Commission (EFCC) on a 47-count charge bordering on money laundering.

The News Agency of Nigeria (NAN) reports that Mr. Fani-Kayode was re-arraigned before Justice Binta Nyako of the Federal High Court, Lagos, following the recent transfer of Justice Ramat Mohammed who previously handled the matter.

The former minister was accused of laundering more than N500 million and accepting and concealing cash payments of about N230 million.

At the resumed hearing of the matter on Thursday, counsel to the accused, Ladi Williams (SAN), told the court that his client had challenged the Court of Appeal’s decision allowing the use of computer printouts at the Supreme Court.

He urged the court to adjourn the matter till after May 21 when the Supreme Court would have heard their motion seeking a stay of proceedings at the Federal High Court.

Mr. Williams, however, opposed the re-arraignment of the accused person on the grounds that the Appeal Court did not order a fresh trial.

Prosecution counsel Festus Afeiyodian opposed the application to adjourn the case on the grounds that the re-assignment of the case had rendered the interlocutory appeal at the Supreme Court an academic exercise.

He argued that there was no proof that the said appeal had been entered at the Supreme Court.

Justice Nyako adjourned the case to April 24 and ordered that the accused person should continue on the bail earlier granted by Justice Mohammed.

She also ordered the accused person not to travel out of the country pending the final determination of the suit.



PT Mag Campaign AD

All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.


TEXT AD: To advertise here . Call Willie +2347088095401...

BE THE FIRST TO KNOW! Subscribe to our newsletter

* indicates required


Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application