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EFCC Re-arraigns Usman, Fani-Kayode, Two Others For Alleged Fraud

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The Economic and Financial Crimes Commission (EFCC), on Monday re-arraigned Nnenadi Esther Usman, a former Minister of Finance; Femi Fani-Kayode, a former Minister of Aviation; Yusuf Danjuma, a former National Chairman of the Association of Local Government of Nigeria (ALGON) and a company, Joint-Trust Dimensions Nigeria Limited, on a 17-count charge bordering on conspiracy and unlawful retention to the tune of N1,500,000,000.00 (One Billion, Five Hundred Million Naira) before Justice Daniel Osiagor of the Federal High Court sitting in Ikoyi, Lagos.

Fani-Kayode and others was re-arraigned before Justice Daniel Osaigor by the EFCC alongside a former Minister of Finance, Nenadi Usman, and two others on a 17-count charge of conspiracy and laundering following the transfer of the former trial judge, Justice Rilwan Aikawa.

Also charged before the new trial judge is Yusuf Danjuma, a former chairman of the Association of Local Governments of Nigeria (ALGON) and Jointrust Dimensions Nigeria Ltd.

The EFCC had earlier preferred a 17-count charge of N4.6 billion money laundering against the defendants before Justice Aikawa.

The defendants had each pleaded not guilty to the charges and were granted bail.

At resumed hearing of the matter on Monday, the amended 17-count charge was read over to the defendants and they each pleaded not guilty to the charge.

After their pleas were taken, the judge granted the request of the defence counsel, Chief Ferdinard Orbih (SAN), to allow the defendants to continue on the existing bail conditions granted by Justice Aikawa.

He, therefore, adjourned the case till March 11, for trial.

In the charge, the defendants were alleged to have committed the offences between January and March 2015 in Lagos.

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