EFCC files 17-count charge against Fani-Kayode over 1.5billion naira fraud

The Economic and Financial Crimes Commission, EFCC, has filed a 17-count charge against a former Aviation Minister and Spokesman for the Goodluck Jonathan Campaign Organisation, Mr Femi Fani-Kayode over an alleged 1.5 billion Naira fraud.
A former Minister of Finance, Senator Nenadi Usman, a firm – Joint Trust Dimensions Limited – one Danjuman Yusuf and another Olubode Oke, (said to be at large) were also charged alongside Mr Fani-Kayode. The defendants are expected to be arraigned at the Federal High Court sitting in Lagos as soon as the case is assigned to a judge. A copy of the charge showed that while Mr Fani-Kayode was named in all 17 counts, the former Finance Minister was only named in the first four counts of the charge. In the first count, Usman, Fani-Kayode, Yusuf And Jointrust Dimensions Nigeria Limited on or about January 8, 2015, within the jurisdiction of the Court conspired to indirectly retain the sum of 1.5 billion Naira, a sum the EFCC said they reasonably ought to have known formed part of the proceeds of an unlawful act of stealing.
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“They, therefore, committed an offence contrary to Section 18 (a) of the Money Laundering (Prohibition) (Amendment) Act, 2012. The Offence is punishable under Section 15(3) & 4 of the same Act,” the charge read. The EFCC had listed 17 witnesses to testify against the defendants including representatives of some banks.