Femi Fani-Kayode, the former spokesman for the Goodluck Jonathan 2015 Campaign Organization and the former Minister of Aviation, to be remanded in Ikoyi prison custody until Friday, July 1st, 2016 when court will rule on his bail application. He was arraigned alongside Nenadi Usman, former Finance Minister and Danjuma Yusuf, at the Federal High Court, Ikoyi where he pleaded not guilty to the 17 counts charges brought before him by the Economic and Financial Crimes Commission (EFCC).
The judge could not rule on the applications because the prosecutor, Rotimi Oyedepo, said he received the bail application for Nenadi Usman and Danjum Yussuf yesterday, Monday, June 28th 2016, and he has not prepared his response. Although he received Mr. Fani-Kayode’s application some days earlier, the judge, Justice Hassan, said he cannot rule on bail applications individually. The lawyer for the prosecutor would respond to the bail applications on Friday then the judge will give his ruling on bail.
Mr. Fani-Kayode, Mrs. Nenadi Usman, and Mr. Yussuf are facing charges bordering on unlawful retention, use, and payments of money in the sum of N4.6 billion. Mr. Fani-Kayode was taken into the EFCC custody on the order of Chief Magistrate Bola Osunsanmi and earlier presented before the court on Tuesday, June 23rd, 2016 but the court could not sit because Justice Hassan was not available. He had since been in EFCC detention and would be transferred to Ikoyi Prison today, June 28th, 2016.
The 17 counts charges before him include:
Count one; “That you, NNENADI ESTHER USMAN, FEMI FANI-KAYODE, DANJUMAN YUSUF AND JOINTRUST DIMENTIONS NIGERIA LTD on or about the 8th day of January, 2015, within the jurisdiction of this Honourable Court conspired amongst yourselves to indirectly retain the sum of N1,500, 000,000.00 (One Billion, Five Hundred Million Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: stealing, and you thereby committed an offence contrary to Section 18(a) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 15(3) & 4 of the same Act.”
Count two; “That you, NNENADI ESTHER USMAN, DANJUMAN YUSUF AND JOINTRUST DIMENTIONS NIGERIA LTD on or about the 9th day of January, 2015, within the jurisdiction of this Honourable Court in Nigeria indirectly retained the sum of N300,000,000.00 (Three Hundred Million Naira ) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: corruption, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 15(3) & 4 of the same Act.”
Count three; “That you, NNENADI ESTHER USMAN, DANJUMAN YUSUF AND JOINTRUST DIMENTIONS NIGERIA LTD on or about the 13th day of January, 2015, within the jurisdiction of this Honourable Court in Nigeria indirectly retained the sum of N400,000,000.00 (Four Hundred Million Naira ) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: corruption, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 15(3) & 4 of the same Act.”
Count four; “That you, NNENADI ESTHER USMAN, DANJUMAN YUSUF AND JOINTRUST DIMENTIONS NIGERIA LTD on or about the 16th day of January, 2015, within the jurisdiction of this Honourable Court in Nigeria indirectly retained the sum of N800,000,000.00 (Eight Hundred Million Naira ) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: corruption, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 15(3) & 4 of the same Act.”
Count five; “That you, FEMI FANI-KAYODE on or about the 2nd February, 2015, within the jurisdiction of this Honourable Court in Nigeria directly retained the sum of N350,000,000.00 (Three Hundred and Fifty Million Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: stealing, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 15(3) & 4 of the same Act.
Count six; “That you, FEMI FANI-KAYODE on or about the 19th day of February, 2015, within the jurisdiction of this Honourable Court in Nigeria directly retained the sum of N250,000,000.00 (Two Hundred and Fifty Million Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: stealing, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 15(3) & 4 of the same Act.”
Count seven; “That you, FEMI FANI-KAYODE on or about the 19th day of March, 2015, within the jurisdiction of this Honourable Court in Nigeria directly retained the sum of N240,000,000.00 (Two Hundred and Forty Million Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: stealing, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 15(3) & 4 of the same Act.”
Count eight; “That you, FEMI FANI-KAYODE on or about the 3rd day of February, 2015, within the jurisdiction of this Honourable Court in Nigeria directly used the sum of N60,000,000.00 (Sixty Million Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: corruption, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 15(3) & 4 of the same Act.”
Count nine; “That you, FEMI FANI-KAYODE on or about the 4th day of February, 2015, within the jurisdiction of this Honourable Court in Nigeria directly used the sum of N170,000,000.00 (One Hundred and Seventy Million Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: corruption, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 15(3) & 4 of the same Act.”
Count ten; “That you, FEMI FANI-KAYODE on or about the 5th day of February, 2015, within the jurisdiction of this Honourable Court in Nigeria directly used the sum of N40,000,000.00 (Forty Million Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: corruption, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 15(3) & 4 of the same Act.”
Count eleven; “That you, FEMI FANI-KAYODE on or about the 9th day of February, 2015, within the jurisdiction of this Honourable Court in Nigeria directly used the sum of N60,000,000.00 (Sixty Million Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: corruption, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 15(3) & 4 of the same Act.”
Count twelve; “That you, FEMI FANI-KAYODE between the 20th day of February and the 10th day of March, 2015, within the jurisdiction of this Honourable Court in Nigeria directly used the sum of N200,000,000.00 (Two Hundred Million Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: corruption, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 15(3) & 4 of the same Act.”
Count thirteen; “That you, FEMI FANI-KAYODE between the 20th and 25th day of March, 2015, within the jurisdiction of this Honourable Court in Nigeria directly used the sum of N250,650,000.00 (Two Hundred Fifty Million, Six Hundred and Fifty Thousand Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: corruption, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 15(3) & 4 of the same Act.”
Count fourteen; “That you, FEMI FANI-KAYODE between the 20th and 25th day of March, 2015, within the jurisdiction of this Honourable Court in Nigeria directly used the sum of N250,650,000.00 (Two Hundred Fifty Million, Six Hundred and Fifty Thousand Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: corruption, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 15(3) & 4 of the same Act.”
Count fifteen; “That you, FEMI FANI-KAYODE AND OLUBODE OKE (STILL AT LARGE) on or about the 6th day of February,2015 in Lagos, within the jurisdiction of this Honourable Court did conspire amongst yourselves to commit an offence, to wit: making cash payments exceeding the amount authorized by Law without going through financial institution and you thereby committed an offence contrary to Section 18(a) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 16(2)(b) of the same Act.”
Count sixteen; “That you, FEMI FANI-KAYODE AND OLUBODE OKE (STILL AT LARGE) on or about the 12th day of February,2015 in Lagos, within the jurisdiction of this Honourable Court without going through a financial institution made cash payment in the sum of N24,000,000. 000 (Twenty Four Million Naira) to Paste Poster Co (PPC) of 125, Lewis Street, Lagos Island, Lagos which sum exceeded the amount authorized by Law and you thereby committed an offence contrary to Section 1(a), Section 16(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 16(2)(b) of the same Act.”
Count seventeen; “That you, FEMI FANI-KAYODE AND OLUBODE OKE (STILL AT LARGE) on or about the 12th day of February,2015 in Lagos, within the jurisdiction of this Honourable Court without going through a financial institution made cash payment in the sum of N6,000,000. 000 (Six Million Naira) to Paste Poster Co (PPC) of 125, Lewis Street, Lagos Island, Lagos which sum exceeded the amount authorized by Law and you thereby committed an offence contrary to Section 1(a), Section 16(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 16(2)(b) of the same Act.”
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