Friday, 7 March 2014
Money Laundering: EFCC Re-arraigns Femi Fani-Kayode-NAN
The Economic and Financial Crimes Commission (EFCC) on Monday re-arraigned a former Minister of Aviation, Femi Fani-Kayode, over alleged money laundering.
Fani-Kayode appeared before Justice Rita Ofili-Ajumogobia of a Federal High Court in Lagos, on a 47-count charge.
He, however, pleaded not guilty.
His counsel, Chief Ladi Williams, prayed the court to allow him to continue with the bail granted him by Justice Ramat Mohammed, who earlier handled the case.
Williams also prayed the court to allow Fani-Kayode the liberty to travel abroad at will for medical check up, as granted him by Justice Binta Murtala- Nyako, who also had handled the case.
The News Agency of Nigeria (NAN) reports that the prosecution counsel, Mr Nelson Okedinachi, did not object to the applications.
Thus, Ofili-Ajumogobia held that the defendant would continue with the bail granted him by Mohammed, before whom he was first arraigned in December, 2008.
The judge adjourned the case to March 11 for substantive trial.
NAN reports that the re-arraignment followed the transfer of Murtala- Nyako from the Lagos Division of the court.
Nyako handled the case after Muhammed. Muhammed had granted Fani-Kayode bail in the sum of N200 million, with two sureties in like sum.
Muhammed was later transferred from the Lagos Division of the court.
The EFCC stated that Fani-Kayode committed the alleged offences when he was the Minister of Aviation and that of Culture and Tourism.
The commission said that the offences contravened the provisions of the Money Laundering (Prohibition) Act, 2004. (NAN)