Femi Fani-Kayode, others re-arraigned for N4.9bn money laundering
Former Aviation minister and former spokesperson of the PDP 2015
presidential campaign, Femi Fani-Kayode and a former Finance minister,
Nenadi Usman were today re-arraigned before Justice Ridwan Aikawa of
the Federal High Court in Lagos.
The case was reassigned to Justice Aikawa after FFK protested that the
case be withdrawn from the initial presiding judge, Justice Muslim
In the 17 count charge filed before the court by EFCC, FFK is alleged to
have conspired with the others including Nenadi Usman and two others,
to directly and indirectly, retain various sums of money while executing
the PDP campaign project between January 8th and March 25th 2015.
According to EFCC, the money spent is believed to be proceeds from
In one of the counts, the defendants 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.” They are also alleged have retained
300m, N400m and N800m during the campaigns. The EFCC says all the money
retained are believed to be proceeds from criminal acts.
When the charges were read to them this morning, they all pleaded not
guilty to the crime. Justice Aikawa then adjourned the case to June 6th
and 9th for the commencement of trial and for the judge to rule on
FFK’s application for the matter to be transferred to Abuja.
Court Adjourns EFCC’s Suit Against Patience Jonathan To May 22
A Federal High Court sitting in Lagos on Monday adjourned to May 22, a
suit seeking final forfeiture to the Federal Government of the sum of
$5.8m belonging to former First Lady, Dame Patience Jonathan.
Mojisola Olatoregun granted the adjournment following an argument by
counsel to Jonathan, Mr Ifedayo Adedipe (SAN), that the respondent was
not given sufficient notice to file a response.
The court had on
April 26 issued an interim order for forfeiture of the sum of $5.8m
belonging to Jonathan to the Federal Government.
followed an ex parte application by the Economic and Financial Crimes
Commission seeking a forfeiture of the sum to government, pending the
determination of the motion on notice.
The court had granted the
interim order and had further directed that same be advertised in a
national daily, to enable any interested party to appear and show cause
why the interim order should not be made final.
When the case was
called on Monday, counsel to the respondent, Adedipe informed the court
of a notice of Appeal he had filed against the court’s ruling as well
as a motion for stay of further proceedings.
He argued that the EFCC ought to have waited to abide by the decision of the court of appeal in respect of the matter.
also noted that the publication of the court’s order in the national
daily was only done on May 11, adding that such notice was too short to
allow for the filing of any response.
EFCC Takes Over NIA’s Bank Accounts Over N13 Billion Ikoyi Cash Haul
The Economic and Financial Crimes Commission on Friday took charge of
bank accounts operated by Nigeria’s foreign intelligence service, the
National Intelligence Agency, the latest in a string of measures against
the NIA in the wake of last month’s discovery of N13 billion in a Lagos
The cash – comprising $43.5 million, £27,800 and
N23.2 million hidden inside Apartment 7B at Osborne Towers, Ikoyi – was
uncovered by operatives of the EFCC on April 12.
general of the NIA, Ayodele Oke, admitted to PREMIUM TIMES the money
belonged to his agency, and was later suspended from office.
Oke said the money was meant for multiple “covert projects” across the
country. This newspaper published excerpts of letters between Mr. Oke
and the National Security Adviser, Babagana Monguno, which showed the
NSA knew about the operation beforehand. The letters also showed
President Muhammadu Buhari was informed by the NSA.
sources however told PREMIUM TIMES on Friday that operatives of the
anti-graft agency compelled the director of Finance and Administration
of the NIA to hand over the accounts of the beleaguered agency to an
Army officer attached to the Office of the National Security Adviser.
EFCC designated Jaafaru Mohammed, a brigadier general in the Nigerian
Army, to assume the position of the Director of Finance of the NIA and
commence a holistic audit of the agency’s finances.
development was the climax of a week-long prying operation which saw
detectives from the anti-graft agency grill four senior officials of the
440,000 candidates sat for UTME in 2 days
The Registrar, Joint Admissions and Matriculation Board (JAMB), Prof.
Is’haq Oloyede, says no fewer than 440,000 candidates have sat for the
2017 Unified Tertiary Matriculation Examinations (UTME) within two days
across the country.
Oloyede told newsmen in Abuja on Monday that the exams would end in
Bauchi, Abia, Niger states and some other states on May 15 while the
UTME would continue in Kebbi state, Lagos state, Oyo and some other
He also said that some centres in Delta state were underutilised,
adding that the Board would fully involve the centres in future exams.
“I believe everything is going on well. We are monitoring the
situation except for a person that was said to have attacked our staff
in Abia state this morning.
“Candidates should be careful because some of these people go about telling the candidates they can give them questions.
“We are therefore appealing to people to do everything according to the law and avoid cutting corners with JAMB,’’ he said.