Alleged N4.9bn Fraud: Court remands Femi Fani-Kayode, Nenadi Esther Usman in prison

Alleged N4.9bn Fraud: Court remands Femi Fani-Kayode, Nenadi Esther Usman in prison

The EFCC today June 28, 2016 arraigned Former Minister of Aviation and spokesperson of PDP  presidential campaign in the 2015 Election, Femi Fani-Kayode, along with  Nenadi Esther Usman, a former Minister of Finance and Director of  Finance PDP Presidential Campaign Organization, Danjuma Yusuf and  Jointrust Dimensions Nigeria Limited before Justice M. Suleiman Hassan  of the Federal High Court Lagos, on a 17-count charge bordering on  conspiracy, stealing, corruption and making cash payments exceeding the  amount authorized by law.

The accused who were alleged to have illegally disbursed about N4.9 billion naira belonging to the  Federal Government, pleaded not guilty  to all the charges preferred against them.

The Judge, Justice M. S.  Hassan, however ordered that the defendants be remanded in prison  custody and adjourned the case to July 1, 2016 for hearing of bail applications.
Source: Alleged N4.9bn Fraud: Court remands Femi Fani-Kayode, Nenadi Esther Usman in prison