Ads Top

BREAKING: Ex-Aviation Minister, Femi Fanikayode, Ex-Finance Minister, Usman, Two Others Sent to Prison Over N4.6Billion Fraud Scandal


Former Aviation minister Chief Femi Fanikayode, former finance minister Nnenadi Esther Usman, one Danjuma Yusuf and a Limited Liability company Jointrust Dimensions Nigeria Limited were today arraigned before a Federal high court in Lagos south west Nigeria on a 17 count of conspiracy and fraudulent conversion of N4.6 Billion
     The charges in the said criminal charge number FHC/L/251/2016 as filed before the court by the Economic and financial Crime Commission's (EFCC ) prosecutor Rotimi Oyedepo stated thus:       

COUNT ONE
That you, NNENADI ESTHER USMAN, FEMI FANI-KAYODE, DANJUMAN YUSUF AND JOINTRUST DIMENTIONS NIGERIA LTD on or about the 8th day of January, 2015, within the jurisdiction of this Honourable Court conspired amongst yourselves to indirectly retain the sum of N1,500, 000,000.00 (One Billion, Five Hundred Million Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: stealing, and you thereby committed an offence contrary to Section 18(a) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) & 4 of the same Act.

COUNT TWO
That you, NNENADI ESTHER USMAN, DANJUMAN YUSUF AND JOINTRUST DIMENTIONS NIGERIA LTD on or about the 9th day of January, 2015, within the jurisdiction of this Honourable Court in Nigeria indirectly retained the sum of N300,000,000.00 (Three Hundred Million Naira ) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: corruption, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) & 4 of the same Act.
 
COUNT THREE
That you, NNENADI ESTHER USMAN, DANJUMAN YUSUF AND JOINTRUST DIMENTIONS NIGERIA LTD on or about the 13th day of January, 2015, within the jurisdiction of this Honourable Court in Nigeria indirectly retained the sum of N400,000,000.00 (Four Hundred Million Naira ) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: corruption, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) & 4 of the same Act.
 
COUNT FOUR
That you, NNENADI ESTHER USMAN, DANJUMAN YUSUF AND JOINTRUST DIMENTIONS NIGERIA LTD on or about the 16th day of January, 2015, within the jurisdiction of this Honourable Court in Nigeria indirectly retained the sum of N800,000,000.00 (Eight Hundred Million Naira ) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: corruption, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) & 4 of the same Act.
 
COUNT FIVE
That you, FEMI FANI-KAYODE on or about the 2nd February, 2015, within the jurisdiction of this Honourable Court in Nigeria directly retained the sum of N350,000,000.00 (Three Hundred and Fifty Million Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: stealing, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) & 4 of the same Act.

COUNT SIX
That you, FEMI FANI-KAYODE on or about the 19th day of February, 2015, within the jurisdiction of this Honourable Court in Nigeria directly retained the sum of N250,000,000.00 (Two Hundred and Fifty Million Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: stealing, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) & 4 of the same Act.

COUNT SEVEN
That you, FEMI FANI-KAYODE on or about the 19th day of March, 2015, within the jurisdiction of this Honourable Court in Nigeria directly retained the sum of N240,000,000.00 (Two Hundred and Forty Million Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: stealing, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) & 4 of the same Act.

COUNT EIGHT
That you, FEMI FANI-KAYODE on or about the 3rd day of February, 2015, within the jurisdiction of this Honourable Court in Nigeria directly used the sum of N60,000,000.00 (Sixty  Million Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: corruption, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) & 4 of the same Act.

COUNT NINE
That you, FEMI FANI-KAYODE on or about the 4th day of February, 2015, within the jurisdiction of this Honourable Court in Nigeria directly used the sum of N170,000,000.00 (One Hundred and Seventy  Million Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: corruption, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) & 4 of the same Act.

COUNT TEN
That you, FEMI FANI-KAYODE on or about the 5th day of February, 2015, within the jurisdiction of this Honourable Court in Nigeria directly used the sum of N40,000,000.00 (Forty Million Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: corruption, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) & 4 of the same Act.

COUNT ELEVEN
That you, FEMI FANI-KAYODE on or about the 9th day of February, 2015, within the jurisdiction of this Honourable Court in Nigeria directly used the sum of N60,000,000.00 (Sixty Million Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: corruption, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) & 4 of the same Act.

COUNT TWELVE
That you, FEMI FANI-KAYODE between the 20th day of February and the 10th day of March, 2015, within the jurisdiction of this Honourable Court in Nigeria directly used the sum of N200,000,000.00 (Two Hundred Million Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: corruption, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) & 4 of the same Act.

COUNT THIRTEEN
That you, FEMI FANI-KAYODE between the 20th and 25th day of March, 2015, within the jurisdiction of this Honourable Court in Nigeria directly used the sum of N250,650,000.00 (Two Hundred Fifty Million, Six Hundred and Fifty Thousand Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: corruption, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) & 4 of the same Act.

COUNT FOURTEEN
That you, FEMI FANI-KAYODE between the 20th and 25th day of March, 2015, within the jurisdiction of this Honourable Court in Nigeria directly used the sum of N250,650,000.00 (Two Hundred Fifty Million, Six Hundred and Fifty Thousand Naira) which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: corruption, and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 15(3) & 4 of the same Act.

COUNT FIFTEEN
That you, FEMI FANI-KAYODE AND OLUBODE OKE (STILL AT LARGE) on or about the 6th day of February,2015 in Lagos, within the jurisdiction of this Honourable Court did conspire amongst yourselves to commit an offence, to wit: making cash payments exceeding the amount authorized by Law without going through financial institution and you thereby committed an offence contrary to Section 18(a) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 16(2)(b) of the same Act.

COUNT SIXTEEN 
That you, FEMI FANI-KAYODE AND OLUBODE OKE (STILL AT LARGE) on or about the 12th day of February,2015 in Lagos, within the jurisdiction of this Honourable Court without going through a financial institution made cash payment in the sum of N24,000,000. 000 (Twenty Four Million Naira) to Paste Poster Co (PPC) of 125, Lewis Street, Lagos Island, Lagos which sum exceeded the amount authorized by Law and you thereby committed an offence contrary to Section 1(a), Section 16(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 16(2)(b) of the same Act.

COUNT SEVENTEEN
That you, FEMI FANI-KAYODE AND OLUBODE OKE (STILL AT LARGE) on or about the 12th day of February,2015 in Lagos, within the jurisdiction of this Honourable Court without going through a financial institution made cash payment in the sum of N6,000,000. 000 (Six Million Naira) to Paste Poster Co (PPC) of 125, Lewis Street, Lagos Island, Lagos which sum exceeded the amount authorized by Law and you thereby committed an offence contrary to Section 1(a), Section 16(d) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable  under Section 16(2)(b) of the same Act.
           All the accused persons pleaded not guilty,consequently   Mr Rotimi Oyedepo urged the court to order for accelerated hearing and remand the accused in prison custody pending the determination of the charge
       However Mr Ifedayo Adedipe SAN appearing for Fanikayode, Fred Orbih SAN appearing for Nnenadi Esther Usman, and S.I Ameh SAN appearing for Danjuma Yusuf all opposed Oyrdepo 'so application as they all told the court that they have filed and serve Bail application on the prosecutor, but Mr Oyedepo told the  court that though he has received Adedipe's application for long but others was served on him yesterday and he needed time to respond to all the applications.
       After listening to the two parties,the presiding judge Mallam Sule Hassan, while adjourning till Friday July 1,2016 said it will be  in the interest of Justice to give the prosecutor time to respond to all the bail applications

No comments:

Shybellmedia. Powered by Blogger.