Alleged N4.6bn Fraud: Court Awards N.2m Fine Against Ex-Minister, Fani-Kayode



Justice Daniel Osiagor of the Federal Court sitting in Ikoyi, Lagos, on Wednesday, October 13, 2021, awarded a N200, 000.00( Two Hundred Thousand Naira) fine against a Minister of Aviation, Femi Fani Kayode, for his absence in court to take his plea in an alleged N4.6 billion fraud.

Fani-Kayode, also the Chairman of the 2015 Goodluck Jonathan Presidential Campaign Organisation , is standing trial alongside Nenadi Usman, a Minister of Finance;

a National Chairman of the Association of Local Government of Nigeria, ALGON, Danjuma Yusuf, and a limited liability company, Jointrust Dimentions Nigeria Limited.

The trial of the defendants had first commenced in 2016 before Justice Muslim S.Hassan.

However, midway into the trial before Justice Hassan, who has since been elevated to the Court of Appeal, the case file was transferred to Justice Rilwan Aikawa.

While the matter was pending before Justice Aikawa, the defendants’ pleas were taken.

Also, midway to the defendants’ trial, Justice Aikawa was transferred to another jurisdiction of the court.

As a result, the case file was transferred to the new Judge, Justice Osiagor matter to start afresh.

At the resumed sitting today, the prosecution counsel, Bilikisu Buhari, told the court that the matter was to start afresh.

However, Fani-kayode, who is the second defendant, was in court to take his plea.

Buhari, therefore, urged the court to revoke his bail.

In his response, Fani-kayode’s lawyer, F. B. Ajudua, pleaded with the court to revoke his client’ bail.

According to him, “ A letter has been written on his behalf. He is currently on bed rest at Kubwa General Hospital, Abuja.”

He told the court that “He has been attending his trial since the matter commenced in 2016.

“ Today, my Lord, is the only day that he is in court.”

He, therefore, prayed the court to revoke Fani-Kayode’s bail, while also asking for a short adjournment.

The Judge, after going through the Court’s records, discovered that Fani-kayode had been absent from court five times.

His absence , according to the Judge, had “stalled the smooth hearing of the charge.”

Justice Osiagor, therefore, held that he would either revoke Fani-Kayode’s bail or fine him N200, 000.00.

Ajudua opted option of N200,000. 00 fine.

Consequently, Justice Osiagor ordered Fani-Kayode to a fine of N200, 000, 00, which must be paid before the next adjourned date.

The matter was adjourned till November 30, 2021 re-arraignment of the defendants.