Alleged N4.6bn Cash Laundering: Court fines Fani-Kayode over absence from trial

alleged-n4.6bn-cash-laundering:-court-fines-fani-kayode-over-absence-from-trial

The Federal Excessive Court in Lagos, on Wednesday, ordered a outdated skool Minister of Aviation, Femi Fani-Kayode, to pay N200,000 for not making himself on hand for re-arraignment for alleged money laundering.

The contemplate, Daniel Osaigor, said he had long gone thru the court’s file and successfully-known five assorted letters by Fani-Kayode seeking adjournment on same medical grounds.

He ordered that he may per chance well also calm pay the N200,000 ravishing or threat revocation of his bail.

The Economic and Monetary Crimes Commission (EFCC) had charged Mr Fani-Kayode alongside a outdated skool Minister of Enlighten for Finance, Nenandi Usman.

Additionally charged is Yusuf Danjuma, a outdated skool Chairman of the Association of Native Governments of Nigeria, and a company, Jointrust Dimentions Nig. Ltd.

The EFCC most fashionable a 17-depend payment of N4.6 billion money laundering against them ahead of a contemplate, Mohammed Aikawa, who became as soon as previously going thru the matter.

The alleged false transactions took put January to March 2015, the interval which formed piece of Mr Fani-Kayode’s time as the spokesperson for the Peoples Democratic Celebration’s (PDP) presidential campaigns for the reelection of then President Goodluck Jonathan in 2015.

Mr Jonathan lost the 2015 election to then candidate of the All Progressives Congress (APC) and incumbent president, Muhammadu Buhari.

Mr Fani-Kayode, who recently defected to the ruling All Progressives Congress (APC), and the other defendants had all pleaded not responsible to the money laundering charges when the case became as soon as ahead of Mr Aikawa as the trial contemplate.

The contemplate also granted them bail.

Trial had begun ahead of Mr Aikawa and witnesses being led in proof ahead of the contemplate became as soon as transferred out of the Lagos jurisdiction of the court.

The case became as soon as then assigned to Mr Osaigor and the defendants scheduled for re-arraignment on Wednesday.


‘Fani-Kayode’s a extensive vary of medial excuses’

When the case became as soon as called on Wednesday, Bilikisu Buhari, announced an appearance for prosecution, and I.J. Ogechukwu for the first defendant (Usman), Mr B.F. Ajudua for the 2d defendant (Mr Fani-Kayode) and Y. Olabode for the third and fourth defendants.

The prosecuting counsel, Mrs Buhari, then educated the court that on July 15, prosecution requested the court to adjourn the matter for re-arraignment of the defendants.

She educated the court that on October 11, prosecution bought a letter from the 2d defendant informing them that he had been given mattress relaxation.

Mrs Buhari educated the court that letters by the 2d defendant had change into a extensive vary of, saying that he wrote them to protect away from attending court sittings.

“Whenever he doesn’t want to attend court, here’s the form of letter we safe,” she said.

Then again, Mr Fani-Kayode’s counsel, Mr Ajudua, educated the court that despite the indisputable truth that his client’s illness became as soon as habitual, he had attended court on a fashioned basis.

He entreated the court to grant an adjournment in favour of his client.

At this level, the contemplate determined to pass thru the court’s file and stumbled on that Fani-Kayode sought a identical medical excuse five conditions.

The contemplate requested his counsel to take regarded as one of two alternatives: revocation of Mr Fani-Kayode’s bail or the imposition of a N200,000 ravishing to be paid ahead of the subsequent adjourned date.

The counsel selected the ravishing probability.

“From my files, the 2d defendant had written to the court five conditions, excusing his trial on medical grounds,” the contemplate said.

He talked about the dates the letters were written as February 1, 2018, Could per chance per chance 30, 2019, November 24, 2020, March 21, 2021 and October 9, 2021.

“The 2d defendant is to pay a rate of N200,000 ahead of the subsequent adjourned date, as the habitual medical excuse has been a sample that slows this trial,” he said.

He adjourned the case till November 30 for re-arraignment of the defendants.

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The EFCC has alleged that the defendants dedicated the offences from January to March 2015.

In counts one to seven, the EFCC alleged that they unlawfully retained over N3.8 billion which they reasonably ought to possess identified formed piece of proceeds of stealing and corruption.

READ ALSO: Shame on you Fani-Kayode tells Zamfara deputy gov over refusal to defect

In counts eight to 14, the defendants were presupposed to possess unlawfully used over N970 million which they reasonably ought to possess identified formed piece of corruption.

In counts 15 to 17, the EFCC said Mr Fani-Kayode and one Olubode Oke, said to be at expansive, made money payments of about N30 million, in design over the utmost amount allowed by regulation.

Moreover, Fani-Kayode became as soon as presupposed to possess made payments to one Paste Poster Co (PPC) of No. 125 Lewis St., Lagos, in design over the utmost amount allowed by regulation.

The alleged offences contravene Sections 15 (3) (4), 16 (2) (b), and 16 (5) of the Cash Laundering (Prohibition) (Amendment) Act, 2012.

(NAN)

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