N4.9bn fraud: EFCC confronts Fani-Kayode with 115 cheques
Published February 21, 2019

Oladimeji Ramon

The N4.9bn fraud trial of a former Minister of Aviation, Mr Femi Fani-Kayode, resumed on Wednesday with the prosecution tendering 115 cheques as exhibits against him and his co-defendants.

Fani-Kayode is standing trial in connection with the funding for the failed re-election bid of former President Goodluck Jonathan in 2015.



He is being prosecuted alongside a former Minister of State for Finance, Nenadi Usman; one Danjuma Yusuf and a company, Joint Trust Dimensions Limited.

The four are answering 17 counts of conspiracy, unlawful retention of proceeds of theft and money laundering before the Federal High Court in Lagos.

Fani-Kayode, who was the Director of Publicity of ex-President Goodluck Jonathan’s presidential campaign organisation for the 2015 election, was accused of conspiring with the others to, directly and indirectly, retain various sums, which the Economic and Financial Crimes Commission claimed they ought to have reasonably known were proceeds of crime.

At the Wednesday proceedings before Justice Rilwan Aikawa, the prosecuting counsel for the EFCC, Mr Rotimi Oyedepo, sought to tender, through a witness, Shuaibu Shahu, a set of 115 Zenith Bank cheques, which the EFCC claimed were used in illicit transactions.

Fani-Kayode’s lawyer, Mr Norrison Quakers (SAN), however, said he needed time to study the cheques to decide whether or not to oppose their admissibility.

Justice Aikawa, as a result, adjourned the case till Thursday (today).

Earlier in his testimony on Wednesday, Shahu, an investigator with the EFCC, told the court his team discovered that the Ministry of External Affairs sometime in 2015 transferred N350m into the account of Joint Trust Dimensions Limited.

The investigator said there was no trace of any contract between the external affairs ministry and the firm to warrant the payment of the money.



In one of the counts, Fani-Kayode and others were accused of conspiring among themselves to “indirectly retain the sum of N1,500,000,000.00 which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: stealing.”

The four were also accused of indirectly retaining N300m, N400m and N800m, all proceeds of corruption, according to the EFCC.

Fani-Kayode was accused of directly using parts of the money at various times, including a N250,650,000.00, 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, who owned a poster-printing firm on Lagos Island.

The EFCC said the defendants violated sections 1(a) and 16(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012, and were liable to be punished under Section 16(2)(b) of the same Act.

But the accused have pleaded not guilty.

https://punchng.com/n4-9bn-fraud-efcc-confronts-fani-kayode-with-115-cheques/

Hmmm

Dem go allow FFK vote on Saturday so?

This man's trial is becoming boring

Jail him or let us have peace abeg

The worst part of the whole thing is that these rogues makes hardworking and honest Nigerians, looks like lazy people.
Dude has no legitimate means of livelihood but he is living a luxurious lifestyle.

EFCC will b arresting these people all becos they are from the opposition and pose threat to their 2019 ambition hence the need to hold them hostage. If FFK is supporting Buhari nw EFCC wouldnt have indict him o. It isn't new to us anymore that Buhari corruption fight is Partial and Tribalistic.

EFCC , the lapdogs of buhari .

Why are they only against the opposition party?

Babachir lawal of APC is still walking a free man

How will any sane man still defend these people? They'll shout witchhunting. Biko, can they witchhunt an innocent man? Insha Allah, President Muhammadu Oluwasegun Buhari will win a 2nd term this Saturday and finish the prosecution of this gutter mouth and his fellow thieves(Fayose, Okupe and others who wanted to soil our hard earned reputation). We are Omoluabis. We don't support thieves just because they are our sons

Little wonder the loquacious crackhead has been on verbal overdrive since 2015.


Jail the muthafker.

deji17:
The worst part of the whole thing is that these rogues makes hardworking and honest Nigerians, looks like lazy people.
Dude

What makes him a rogue any evidence ?


Ganduje of APC was caught on camaera receiving bribes of $50million dollars , his likes are the cause of your misery

NaijaRoyalty:
EFCC , the lapdogs of buhari .

Why are they only against the opposition party?

Babachir lawal of APC is still walking a free man

It seems FFK is your customer.

He should vomit the whole money and still go to jail
Men without honour, yet very full of ego

115 cheques as evidence, e don red for fani

Chikpat:
He should vomit the whole money and still go to jail

How can someone vormit what he didn't eat?

FFK should be tried and if guilty, he should serve his sentence. I don't believe in criminality from any party, EFCC should follow the rule of law and not one tyrant who rapes our democracy everytime.

NaijaRoyalty:


What makes him a rogue any evidence ?


Ganduje of APC was caught on camaera receiving bribes of $50million dollars , his likes are the cause of your misery

The evidence is being tendered in court. I am sure when you catch a petty thief that stole your phone, you dont ask about the thief next street if that one has been caught too.
You may even be from Delta state that receives double allocation compared to Kano state. At least we see Ganduje commissioning state of the art hospitals and flyovers. What is your Delta state Government commissioning?

NaijaRoyalty:


How can someone vormit what he didn't eat?

I dont understand your rhetoric

deji17:


The evidence is being tendered in court. I am sure when you catch a petty thief that stole your phone, you dont ask about the thief next street if that one has been caught or not.
You may even be from Delta state that receives double allocation compared to Kano state. At least we see Ganduje commissioning state of the art hospitals and flyovers. What is your Delta state Government commissioning?

I'm from Delta state and I can confirm that we've been successively shafted by Ibori and his gang since 1999.

The irony is that the average Deltan still lives in the illusion that our brother can do no wrong.

They claim a party is more important than development.

Stale

rusher14:


I'm from Delta state and I can confirm that we've been successively shafted by Ibori and his gang since 1999.

The irony is that the average Deltan still lives in the illusion that our brother can do no wrong.

They claim a party is more important than development.

My brother, our people hypocrisy is to say the least nauseating.

FFK and his bleaching baby mama must chop na.

NaijaRoyalty:


How can someone vormit what he didn't eat?

Fani Kayode is a thief. Dont pretend like you dont know and stop defending what is bad

Chikpat:


Fani Kayode is a thief. Dont pretend like you dont know and stop defending what is bad

If Fani Kayode is a thief according to you, Then what is Ganduje of APC?

How long should these cases last?

NaijaRoyalty:


If Fani Kayode is a thief according to you, Then what is Ganduje of APC?

Ganduje of APC is a thief with immunity...very bahd, but that's the circumstance