Former Minister of Aviation, Femi Fani-Kayode has been re-arraigned before a Federal High Court in Abuja over a fresh N26 million fraud allegation.
Justice James Tsoho granted Fani-Kayode bail in the sum of N50 million and one surety, who must be a landed property owner in Abuja.
The judge ruled that the surety must submit original documents of the property to the Deputy Registrar Litigation, two recent passports and his travel documents, which will only be released when the need arises.
The Economic and Financial Crimes Commission (EFCC) arraigned Fani-Kayode on five-count charges of receiving the money from the former National Security Adviser (NSA), Col. Sambo Dasuki through one Victor Ehiabhi by one Salisu Shuaibu.
According to the EFCC, Fani-Kayode, allegedly received the money on November 24, 2014. The offences are brought under sections 15 (2) (d) of the Money Laundering and Prohibition Act.
Kayode is also facing a similar charge on 17-counts before a Federal High Court in Lagos worth the sum of N1.2 billion. He was granted bail on October 21 before his re-arrest by the EFCC. The case has been adjourned to December 14 for hearing.

No comments:
Post a Comment