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EFCC files criminal charges against Fani-Kayode, Usman

By Joseph Onyekwere   |   14 June 2016   |   12:31 pm
Femi Fani-Kayode

Femi Fani-Kayode

The Economic and Financial Crimes Commission (EFCC) has filed a 17-count charge against the former Minister of Aviation, Femi Fani-Kayode at the Federal High cCourt, Lagos, over an alleged fraud.

According to the charge, to be arraigned together with Fani-Kayode is Mrs Nenadi Usman, one Danjuma Yusuf and a company named as John Trust Dimensions Nigeria Limited.

The charges border on conspiracy, unlawful retention of proceeds of theft and money laundering.

The suspects were said to have allegedly committed the offences between January 8, 2015, and March 25, 2015, in the build-up to the general election.

In one of the counts, the EFCC alleged that Fani-Kayode, who it listed as the 2nd defendant in the charge sheet, and his co-defendants conspired among themselves to “indirectly retain the sum of N1.5billion, which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: stealing.”

The charge sheet, endorsed by the EFCC prosecutor, Rotimi Oyedepo, indicated that the said conspiracy and indirect retention of the N1.5billion constituted an offence under Section 18(a) of the Money Laundering (Prohibition) (Amendment) Act, 2012, punishable under Section 15(3)( 4) of the same Act.

In another count, the EFCC alleged that Fani-Kayode “directly retained the sum of N350m,” which the anti-graft agency claimed that he ought to have “reasonably known formed part of the proceeds of an unlawful act to wit: stealing.”

Fani-Kayode was accused of directly using parts of the money at various times, including an N250,650,000, which he allegedly used between March 20 and 25, 2015.

Fani-Kayode was also accused of making a cash transaction of N24m with one Olubode Oke, said to still be at large, on February 12, 2015 “to Paste Poster at 125, Lewis Street, Lagos Island.”

The duo were said to have made the transaction without going through any financial institution, an act the EFCC claimed was contrary to Sections 1(a) and 16(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 16(2)(b) of the same Act.




  • Iskacountryman

    i guess the fula herdsmen would get a breathing space…and do not grant him bail nor release him…

    • Tayo Patriot

      Why do you always celebrate corruption. May God have mercy on you.

      • Iskacountryman

        who is corrupt?

  • ImpactK

    The hen has finally come to roost. All who took money that could have been used to better our education, health and infrastructure for criminal electioneering campaign MUST face the music. However, history will not forgive EFCC, if they fail to also probe APC campaign funding.

  • Babatunde

    Like father like son. One was a thug and the other a thief.

  • Ify Onabu

    Demonzing the opposition, silencing his critics… that is Buhari’s version of democracy. We must take back our country from this dictator!

  • vic

    THE BARE FACED THIEF AND A LOOTER. THE RIGHT PUNISHMENT SHOULD BE TO DRILL NAIL THROUGH HIS HEAD.

    • John Tosh

      You sound like isis…..let him rot in jail with his fellow criminals.

  • Precious Agbara

    Buhari have made history as the dictator that descents opposition and will do all to silence them but he will FAIL. Watch out.

  • FirecloudOFGOD

    Fani the fan!
    Fayose is no match for your loquaciousness!
    Since your travails,
    it is a relief that there is no more ‘hot air’ blowing across this nation.
    Boy were you ever so loud, vulgar and mouthy!
    I pray that you seek the face of God and ask for forgiveness,
    for what you and your ilk did to try and perish the hope and aspirations of ordinary Nigerians.

  • Nedu Akie

    Criminal charges, corruption charges, theft charges.. Atleast one of them should go to jail please. Then we’ll know they’re serious.

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