The EFCC today arraigned a former Minister of Aviation, Chief Femi Fani-Kayode over money laundering offences.
Former Minister of Aviation, Femi Fani-Kayode arraigned today in court
Former presidential campaign spokesperson, Femi Fani Kayode, was today, November 10, 2016 arraigned by the Economic and Financial Crimes Commission on money laundering charges to the tune of N26 million.
He was granted bail in the sum of N50 million and one surety in like sum. The case has been adjourned to Wednesday, December 14, 2016 for trial.
It would be recalled that on Friday 21st October, 2016 officials of the EFCC re-arrested Kayode at about 1.55pm outside the premises of a Federal High Court on Oyinkan Abayomi Drive, Ikoyi, Lagos.
Fani-Kayode, who was in court for his trial over an alleged fraud of N4.9bn, before he was re-arrested shortly after he stepped out of the court premises.
Just two days ago, FFK had alleged that despite the fact that he had been granted bail by the court, the commission was planning to re-arrest him and detain him for a very long time.