Femi Fani-Kayode
BreakingCrimeHighlightTrending Story

N4.9bn laundering charge: Femi Fani-Kayode in EFCC net 

91
Mr Femi Fani-Kayode, a former Minister of Aviation and new arrival in the All Progressives Congress (APC), has again been “invited” by the Economic and Financial Crimes Commission (EFCC) in Lagos over alleged laundering of about N4.9 billion.
Femi Fani-Kayode, who is currently being held by the EFCC, is said to be under investigation for alleged forgery and manipulation of documents.
Persecondnews.com had reported the ex-minister defected to the All Progressives Congress for a second time in September 2021.
He was brought to the Lagos Zonal Office of the anti-graft agency on Tuesday.
The details of the allegations against him were sketchy but theEFCC  spokesman, Wilson Uwujaren, confirmed Fani-Kayode’s arrest.
On his arrest, he said: “I think something like that happened.”
In 2016, Fani-Kayode was remanded for about 65 days alongside a former Minister of Finance, Mrs Nenadi Usman.
Both Fani-Kayode and Usman are being prosecuted on a 17-count of criminal conspiracy, fraud and money laundering to the tune of N4.9 billion.
They denied the charges but were granted N250 million bail each by the court.

Leave a comment

Related Articles

FG to collect only nine types of taxes, says FIRS chairman

The Federal Inland Revenue Service (FIRS) says in line with the presidential...

After 14 days in detention, First News editor, Segun Olatunji, breathes air of freedom

The Editor of FirstNews, a digital newspaper, Segun Olatunji, on Thursday regained...

N3trn budget padding: Sen. Ningi threatens legal action if suspension is not lifted in seven days

Abdul Ningi, the senator representing Bauchi Central, has given Senate President Godswill...

Eniola Ajao apologizes over “AJAKAJU” movie premiere controversy

Actress Eniola Ajao has issued an apology to the public in the...

Ex-Presidential media aide, Akande criticises LP’s leadership, urges party’s alignment with national interest

Mr. Laolu Akande, a former presidential assistant, has expressed dissatisfaction with the...

Economic hardship: Ogun Govt. begins sale of rice at 50 percent price reduction to workers, public

Ogun Governor, Dapo Abiodun, has announced that his administration will start selling...

FG committed to steel industry revitalization to drive infrastructural development, says Industry Minister, Dr Uzoka-Anite

The Federal Government is committed to industry rehabilitation, with a focus on...

Easter: FG declares Friday, March 29, Monday, April 1 public holidays

The Federal Government has declared Friday, March 29, and Monday, April 1,...

Fake, unwholesome products: NAFDAC seals 10 bakeries, 8 table water factories in Rivers

The National Agency for Food and Drug Control (NAFDAC) has shut down...

Climate change, food security: AfDB approves $50 million for Yobe State

The African Development Bank Group (AfDB) has granted a $50 million loan...

Ex Guinea-Bissau President’s Son Jailed in U.S. for Drug Trafficking

Malam Bacai Sanha Jr, the son of a former president of Guinea-Bissau,...

Few weeks to party primary, leading Ondo APC governorship aspirant, Dr. Paul Akintelure, passes away

Dr. Paul Akintelure, a prominent candidate for governorship in Ondo State who...

IPOB, bandits using betting sites, crowdsourcing to finance terrorism – NFIU

The Indigenous People of Biafra (IPOB), bandits, and other terror organizations are...

EU launches €9m energy projects in Nigeria

The European Union (EU) has unveiled two new initiatives worth €9 million...

Don’t sell dollar above N1,269, CBN orders Bureau de Change

As part of measures to strengthen the naira against the dollar, the...

Chinese man to die by hanging for stabbing his Nigerian girlfriend to death

A Chinese national, Frank Geng-Quangrong, who killed his Nigerian girlfriend, Ummukulsum Sani,...

U.S. state bars under-15 children from having social media accounts

Florida State Governor Ron DeSantis has signed a bill prohibiting children younger...

Anguishes, deprivations as Lagos Govt. house demolition squad moves from Lekki to Ebutte Meta

Cries of anguish and deprivation followed the demolition of Ifesowapo, Ifedapo, Otto/Ilogbo,...

NGE expresses worry about nation’s growing insecurity, demands release of Olatunji, FirstNews editor

The Nigerian Guild of Editors (NGE) has called on all levels of...

Pres. Tinubu approves $25bln for Nigeria’s abandoned projects “graveyard”

President Bola Tinubu’s resolve in reviving and closing the gap on Nigeria’s...