Showing posts with label Money Laundering. Show all posts
Showing posts with label Money Laundering. Show all posts

Thursday, March 6, 2014

FFK re-arraigned for alleged ₦100m money laundering



Former Minister of Aviation, Femi Fani-Kayode, was today March 6th re-arraigned for alleged N100 million money laundering. Premium Times reports that Fani-Kayode told a Federal High court in Lagos that he was not guilty of all 40 counts of money laundering instituted against him by EFCC
The trial judge, Rita Ofili-Ajumogobia, fixed March 10, 17, 18 and 19 for the trial. The EFCC is accusing Mr. Fani-Kayode, who was also a former Minister of Culture and Tourism, of money laundering. The commission had amended its 47-count charge, totalling N230 million, to a 40-count charge of N100 million.
Today Mr. Fani-Kayode sat patiently in the dock because the court registrar slowly read out all of the 40 counts of money laundering against him. He responded “not guilty” to all of them.

Thursday, November 8, 2012

Money Laundering: EFCC Arrests Two With $238, 858






The Economic and Financial Crimes Commission, EFCC has arrested two suspects over an attempt to smuggle more than $238,858 ( two hundred and thirty eight thousand, eight hundred and fifty eight United States Dollars) out of the country through the Nnamdi Azikiwe International Airport, Abuja.


ST

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