Court Set to Deliver Judgement on Former Min. Fani-Kayode's Money-laundering, on Wednesday



The court has adjourned judgment to be delivered on Wednesday in the trial of a former Minister of Aviation, Chief Femi Fani-Kayode.

The former Director of Media and Publicity of the Peoples Democratic Party (PDP) Presidential Campaign was accused of money laundering.

Justice Rita Ofili-Ajumogobia chose not to deliver the verdict on the earlier date, June 18, because the prosecution counsel, Mr. Festus Keyamo, was absent.


Fani-Kayode was accused of making a transaction exceeding N500,000 on September 20, 2006, which was not done through a financial institution.

Fani-Kayode, according to the Economic and Financial Crimes Commission, collected N2.1 million cash paid into his personal bank account by his aide, Supo Agbaje, while he served as Minister of Culture and Tourism.

The defendant pleaded not guilty to the alleged offence which the EFCC aid contravenes the Money Laundering Act.

The judge had, last November 17, directed Fani-Kayode, to defend two of 40-count money laundering charges.

The judge held that the commission did not prove the other charges sufficiently and partially upheld Fani-Kayode’s no-case submission. 

Source: The Nation
Court Set to Deliver Judgement on Former Min. Fani-Kayode's Money-laundering, on Wednesday Court Set to Deliver Judgement on Former Min. Fani-Kayode's Money-laundering, on Wednesday Reviewed by getitrightnigerians on 21:32:00 Rating: 5

No comments:

Take advantage of our blog traffic and promote your product to millions of viewers.

For advert placements and other Enquiries, kindly send us a mail at getitrightnigerians@gmail.com or call 08025707646, 07031338542

Visit the Play stores to Download our mobile app and stay up -to-date.

Powered by Blogger.