Fani-Kayode For Arraignment By November 10 – EFCC

Hamilton Nwosa
Writer
new-diplomat default image
new-diplomat default image

Ad

Global CEOs, Top Diplomats, Ministers, Governors, Industry leaders gather in New York to unlock the Gulf of Guinea’s over $800 billion Energy, Oil & Gas, Minerals, Maritime Opportunities

By Abiola Olawale Following the official opening of the 80th Session of the United Nations General Assembly (UNGA80), New York, USA, high-level delegations from over a dozen countries, including global CEOs, top diplomats, ministers, governors, industry leaders will gather in New York to unlock the Gulf of Guinea’s over $800 billion Energy, Oil & Gas,…

Charted: Populations of China, India, U.S., and Europe (1950–2100)

Key Takeaways India is projected to remain the world’s most populous country through 2100, stabilizing around 1.5 billion people. China’s population is expected to fall by more than half, from 1.4 billion to 0.6 billion. Europe’s population will decline steadily, while the U.S. population grows gradually to 420 million. As global demographics continue to shift,…

Elon Musk drops to second place as AI boom powers Oracle’s Larry Ellison to world’s richest status

By Obinna Uballa Elon Musk has lost his long-held crown as the world’s richest person to Oracle co-founder Larry Ellison, following a record-breaking surge in Ellison’s net worth. According to Bloomberg’s Billionaire Index, Ellison’s fortune jumped by an unprecedented $101 billion on Tuesday night to reach $393 billion, surpassing Musk’s $385 billion. The windfall came…

Ad

The Economic and Financial Crimes Commission (EFCC), is to arraign former Minister of Aviation, Mr Femi Fani-Kayode, on new charges of fraud on November 10, the agency’s spokesperson, Mr. Wilson Uwujaren has disclosed.

Uwujaren who disclosed this to the News Agency of Nigeria (NAN), through an SMS in Abuja on Tuesday said, the commission had already served the former minister with court processes, he did not give further details.

Fani-Kayode, a former Director of Media and Publicity of the PDP Presidential Campaign Organisation, was re-arrested by EFCC operatives while emerging from a Federal High Court room in Lagos on Friday.

He is currently standing trial in the Lagos court alongside a former Minister of Finance, Nenandi Usman, one Danjuma Yusuf and a company, Joint Trust Dimension Nigeria Ltd.

The three are facing a 17-count charge of unlawful retention, unlawful use and unlawful payment of money to the tune of about N4.9 billion, a charge they denied.

 

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp