Femi Fani-Kayode re-arraigned at Nigerian Federal High Court on charges of Money Laundering
Former Minister of Aviation, Femi Fani-Kayode, was today March 6th re-arraigned for alleged N100 million money laundering.
Reports fresh off the block state that Fani-Kayode told a Federal High court in Lagos that he was not guilty of all the 40 counts of money laundering instituted against him by EFCC
The trial judge, Rita Ofili-Ajumogobia, fixed March 10, 17, 18 and 19 for the trial.
The EFCC is accusing Mr. Fani-Kayode, who was also a former Minister of Culture and Tourism, of money laundering. The commission had amended its 47-count charge, totalling N230 million, to a 40-count charge of N100 million.
Today Mr. Fani-Kayode sat patiently in the dock as the court registrar slowly read out all the 40 counts of money laundering against him. He responded “not guilty” to all of them.
According to the EFCC, one Mark Ndifreke, a former aide who is now at large, had deposited various amounts of money running into tens of millions into Mr. Fani-Kayode’s bank account while he was a serving minister.