Court Acquits Fani-Kayode of 38 out of 40 Counts of Money Laundering

-
                      


A Federal High Court sitting in Lagos, yesterday, partly upheld a no-case submission by former Minister of Aviation, Femi Fani-Kayode, and acquitted him of 38 out of 40 counts of money laundering charges.
-Fani-Kayode was charged on an amended 40 count-charge, bordering on the alleged offence by Economic and Financial Crimes Commission, EFCC. Trial judge, Justice Rita Ofili-Ajumogobia, discharged and acquitted the accused of the 38 counts, while ruling on a no-case submission filed by the defence on behalf of the accused.
The court held that from the wordings of the charge, it was clear that they were basically set out in two formats, with counts one to 33 of the same format, while other counts of different formats. 
The accused was alleged to have paid the amount into his account, while in the other, he was alleged to have paid it into the account of a third party.”

Comments

Post a Comment

Popular posts from this blog

Nkiru Sylvanus returns in "The Voice"

-
Image
                                                           Nollywood actress, Nkiru Sylvanus, will make her return to the film industry in a new psychological thriller titled “The Voice” The movie is set to premiere on 13th of July at the Oriental, in Lekki, Lagos. The movie which is directed by features Afe Olumowe, features, Kenneth Okolie, Daniel Lyold, Betty Njoku-Olumowo, Larry Morgan Briggs and Edward Form.
Read more

Ray J offers sex tape money to Kim Kardashian and Kanye West as a wedding gift

-
Image
Ray J has given Kim Kardashian his share of the 2014 profits from their sex tape as a wedding gift. The 33-year-old singer has offered his former girlfriend and her fiancé Kanye West a cheque for almost $47 000, which is the amount of money he made from the X-rated Kim Kardashian Superstar video - which was filmed when they were dating in 2007 - between January and April this year. According to gossip website TMZ, Ray picked up $6135.60 in January, a staggering $20 097.31 in February, $9 674.76 in March, and $10 931.52 in April, and under the deal signed with Vivid Entertainment - who say the tape has made an estimated $50m to date - she is entitles to royalties at least the same as her former lover. It is unclear as yet whether Kim - who has 10-month-old daughter North with Kanye - will accept the gift, but if she doesn't, the singer has pledged to donate it to her favourite charity. It was previously claimed that Kanye - who is set to marry the Keeping Up with the Kar
Read more

America and Arab allies launch 50 strikes on terrorist group's Syrian heartland and warns its fanatical leaders 'this is only the beginning'

-
Image
                       America and five Arab countries have launched dozens of air strikes against Islamic terrorist group ISIS, killing at least 20 militants and blasting a series of its bases. The attacks - described as 'shock without awe' - began early this morning local time, with Tomahawk missiles, B1 bombers, F16, F18 and F22 strike fighters and drones involved. American air power was backed by 'participation or support' from Saudi Arabia, Bahrain, Qatar, Jordan and the UAE - a coalition of nations that has agreed to assist with the destruction of ISIS. Continue...
Read more