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

The EFCC today
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 for hearing of bail applications.

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