Fani-Kayode Re-arrested By EFCC

Former Minister of Aviation and chieftain of the People’s
Democratic Party (PDP), Mr. Femi Fani-kayode, was on Friday, October 21, 2016 re-arrested by the
operatives of the Economic and Financial Crimes Commission (EFCC).

No reason was given for his arrest.
He was arrested outside the court premises of the Federal
High Court, Lagos, where he had gone to attend his trial alongside side another
chieftain of his party, Mrs. Nenadi Esther Usman, and one Danjuma Yusuf, over
alleged money laundering of N4.9 billion.
Prior to his arrest, Fani-kayode’s lawyer, Mr. Wale Balogun,
had informed the court presided over by Justice Muslim Hassan Sule, of attempt
by the Commission to arrest his client, and urged the court to restrain the
anti-graft agency from arresting his client.
Reacting to the submission, EFCC’s prosecutor, Mr. Rotimi
Oyedepo, informed the court that he was not aware of any move by his commission
to arrest him, and there was no plan to arrest him on the matter for which he
was in court.
However, he said that he wouldn’t know if the said proposed
arrest was on another charge.
Immediately, after the court proceedings, as Fani-kayode was
led out of the court premises, he was accosted and arrested by the operatives
of the commission, who drove him to the commission’s office on Awolowo Road, Ikoyi.
Meanwhile, a prosecution witness, Idowu Olusegun has
informed the court that the PDP Presidential Campaign Organisation at the last
general election still owes him N24 million.
Idowu, a media consultant, whose company’s name is Paste
Postal Company (PPC), while being led in evidence-in-chief by the counsel to
the EFCC, Justice Hassan Sule l that he wrote a letter to the campaign
organisation under the directorship of Mr. Femi Fani-kayode, for printing
poster for the campaign organisation.
He informed the court that during the period of negotiation
for the printing contract, he did not have any interface with Femi Fani-kayode,
but only dealt with one Oke, whose other name he didn’t know.
He also informed the court that he proposed the sum of N80
for A2 poster, and the sum of N30 for A4 Flyer, and the sum of N24 million for
media consultancy. 
But the negotiation end at N50 and N20 for A2 poster, A4
Flyer and N24 million media consultancy respectively.

However, the matter has been adjourned till November 14 and
15, for continuation of trial.


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