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Court imposes fine on Fani-Kayode in money laundering case

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Former Minister of Aviation, Femi Fani-Kayode, on Wednesday was fined by Justice Daniel Osaigor of a Federal Excessive court docket in Lagos within the sum of N200,000 for not making himself accessible for re-arraignment for alleged cash laundering.

Osaigor fined Fani-Kayode after he had gone by way of the court docket’s file and famous 5 completely different letters by Fani-Kayode looking for adjournment on medical grounds.

The court docket, consequently, ordered that he ought to pay the sum or dangers revocation of his bail.

Recall that the Financial and Monetary Crimes Fee (EFCC) had charged Fani-Kayode alongside a former Minister of State for Finance, Nenandi Usman to court docket.

The fee most well-liked a 17-count cost of N4.6 billion cash laundering in opposition to them, earlier than Justice Mohammed Aikawa.

They’d all pleaded not responsible and had been granted bail.

Mrs Bilikisu Buhari, whereas saying look for prosecution knowledgeable the court docket that on July 15, prosecution requested the court docket to adjourn the matter for re-arraignment of the defendants.

She instructed the court docket that on Oct. 11, prosecution obtained a letter from the second defendant informing them that he had been given mattress relaxation.

Buhari instructed the court docket that letters by the second defendant had develop into quite a few, saying that he wrote them to keep away from attending court docket sittings.

“Each time he doesn’t need to attend court docket, that is the kind of letter we get,” she mentioned.

Nonetheless, Fani-Kayode’s counsel, Ajudua, instructed the court docket that though his consumer’s sickness was recurring, he had attended court docket recurrently.

He appealed to the court docket to grant an adjournment in favour of his consumer.

At this level, the choose determined to undergo the court docket’s file and found that Fani-Kayode sought the same medical excuse 5 instances, NAN experiences.

The choose requested his counsel to take considered one of two choices: revocation of Fani-Kayode’s bail or the imposition of N200,000 superb to be paid earlier than the subsequent adjourned date.

The counsel selected the superb possibility.

In ruling, the court docket held: “The second defendant pays a price of N200,000 earlier than the subsequent adjourned date, because the recurring medical excuse has been a sample that slows this trial.”

The choose then adjourned the case till Nov. 30 for re-arraignment of the defendants.

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