Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


4.9bn fraud: EFFC arraigns Fani-Kayode

28 June 2016, 14:40

Abuja - The Economic and Financial Crimes Commission on Tuesday arraigned a former aviation minister, Femi Fani-Kayode, accusing him and three others of laundering N4.9 billion.

A planned arraignment of Fani-Kayode was stalled last Tuesday by the absence of the trial judge.

Fani-Kayode, who served as director of media and publicity during the campaign of former President Goodluck Jonathan, is facing a 17-count charge bordering on unlawful retention, use, and payment of money in the tune of about N4.9 billion.

Others charged alongside the former minister are Nenadi Usman, former finance minister; Danjuma Yusuf; and a company, Joint Trust Dimension Nig. Ltd.

According to the EFCC’s charge, the accused were alleged to have committed the offences between January and March 2015.

In counts one to seven, they were alleged to have unlawfully retained over N3.8 billion which they “reasonably ought to have known” formed part of the proceeds of an unlawful act of stealing and corruption.

The News Agency of Nigeria (NAN) reports that Fani-Kaoyde and others pleaded not guilty.

Also read: EFCC wants to kill Fani-Kayode, aide raises alarm

After their arraignment, the prosecutor, Rotimi Oyedepo, informed the court that he was prepared to proceed with the trial at any date of adjournment.

Counsel to the first and second accused, Ayo Adedipe, and Fred Orbih, told the court that a bail application had been filed on behalf of the defendants.

But counsel to the third accused, S.I. Ameh, said he had yet to file a bail application.

Responding, Oyedepo, informed the court that he had only been served with the application of the first and second accused, adding that he required time to reply.

Justice Sule Hassan, in a short ruling, adjourned the case to July 1 for hearing of the bail applications.

The judge ordered that the defendants be remanded in prison custody pending determination of their bail application.



Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...