Video and Picture: Fani-Kayode and Nenadi Usman Remanded In Prison
Category: Nigeria National News
The Economic and Financial Crimes Commission (EFCC) on
Monday arraigned a former Aviation Minister, Femi Fani-Kayode; a former
Minister of Finance, Nenadi Usman, Danjuma Yusuf and a company,
Jointrust Dimensions Nigeria Limited before Justice Sule Hassan of the
Federal High Court Lagos.
They were arraigned on a 17-count charge bordering on conspiracy,
stealing, corruption and making cash payments exceeding the amount
authorized by law. They all pleaded not guilty.
In the first of the 17-count charge, the former Minister of Finance,
Nenadi Usman, the former Aviation Minister, Femi Fani-Kayode, one
Danjuma Yusuf and a company, Jointrust Dimentions Nigeria Ltd on or
about January 8, 2015 allegedly conspired to indirectly retain the sum
of 1.5bn Naira, a sum which the EFCC says they reasonably ought to have
known formed part of the proceeds of an unlawful act.
They, therefore, committed an offence contrary to Section 18(a) of
the Money Laundering (Prohibition) (Amendment) Act, 2012. The Offence is
punishable under Section 15(3) & 4 of the same Act.
While the former Finance Minister and the company, Jointrust
Dimensions Ltd are only named in the first four counts, Mr Femi
Fani-Kayode, who is also former spokesman of the Goodluck Jonathan
Campaign Organisation, is named in all 17 counts.
In the last 3 counts, he allegedly conspired with one Olubode Oke who
is said to still be on the run. Both men were said to have made cash
payments to one Paste Poster Company without going through a financial
institution and exceeding the amount authorized by Law
The defendants all pleaded not guilty to the charges and the
prosecuting counsel, Rotimi Oyedepo, immediately asked the court to
commence trial and order an accelerated hearing of the case.
The defence counsels took turns to make a case for the court to hear the bail application of their clients.
The prosecution, however, urged the court to give him time to file a
joint response to all the bail applications as he had only just been
served some of the documents.
The EFCC counsel also told the court that the Commission’s remand
facility was overstretched and considering that Mr Fani Kayode had
recently alleged that one of the EFCC officials assaulted him, the
proper place to remand the defendants pending the determination of their
bail applications was the prison.
After listening to all the submissions, Justice Sule Hassan adjourned hearing of the bail applications till Friday, July 1.
He also ordered that all the defendants be remanded in prison custody until then.
Watch Video:
Source: Channels TV
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