N4.9bn Fraud: Fani-kayode, Usman Remanded In Prison As Court Adjourns Trial

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The Economic and Financial Crimes Commission (EFCC) has arraigned two former ministers and chieftains of the People Democratic Party (PDP), Femi Fani-Kayode and Senator Nenadi Usman, with 2 others for allegedly laundering of over N4.9 billion.

Others charged alongside the duo before the court are Danjuman Yussuf, Olubode Oke and Join Trust Dimensions Nigeria Limited.

READ ALSO: EFCC Wants Refund Of N840m Without Trial – Fani-Kayode Alleges

The 17 count- charge filed against the accused persons were bordering on unlawful retention, use and payment of money in the tune of about N4.9 billion.

The two former ministers had pleaded not guilty to the 17 count charge preferred against them by the anti- graft agency.

The arraignment of Fani-kayode, who was a spokesperson of the PDP presidential campaign in 2015, had been postponed twice in the past, due to the absence of the trial judge, Justice Sule Hassan.

READ ALSO: N1.5bn Fraud: EFCC To Arraign Fani-Kayode, Ex-Finance Minister And Others

Hassan’s absence, it was learnt, was due to an “official function”.

However, at the resumed trial on Tuesday, Justice Hassan ordered the prison remand of the accused persons soon after their arraignment pending when he will hear their bail applications on Friday, July 1, 2016.



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