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.”
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