Alleged N4.9B fraud: Court Remands Fani-Kayode, Usman in Prison Custody


Justice Sule Hassan of a Federal High Court in Lagos on Tuesday ordered that  former ministers of Aviation and Finance respectively, Femi Fani-Kayode and Nenandi Usman be remanded in prison over money laundering.

Fani-Kayode and Usman alongside one Danjuma Yusuf and a company, Joint Trust Nigeria Limited,  were charged on alleged money laundering to the tune of N4.9 billion  by the Economic and Financial Crime Commission (EFCC)

Justice Hassan ordered that the accused persons be remanded in prison, soon after their arraignment pending when he will hear their bail applications on Friday.

Fani-Kayode and Usman, had pleaded not guilty to the 17 count charge preferred against them by the anti- graft agency.


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