Alleged N4.6bn Fraud: Court Awards N.2m Fine Against Fani-Kayode~NEWSEXTRA - News Extra Online

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Wednesday, 13 October 2021

Alleged N4.6bn Fraud: Court Awards N.2m Fine Against Fani-Kayode~NEWSEXTRA




Justice Daniel Osiagor of the Federal High Court sitting in Ikoyi, Lagos, on Wednesday, October 13, 2021, awarded a N200, 000.00 (Two Hundred Thousand Naira) fine against a former 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 former Minister of Finance; a former 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. 

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