Justice Daniel Osaigor of the Federal High Court in Lagos was on Wednesday forced to adjourn the money laundering trial of a former minister of Aviation, Femi
The defendants, who were accused by the EFCC of laundering the sum of N4.6 billion between January and March 2015 all pleaded not guilty to the charge.In the charge, the defendants were alleged to have committed the offences between January and March 2015 in Lagos.They were alleged to have at various times unlawfully retained over N4.
6 billion, which they reasonably ought to have known formed part of the proceeds of unlawful acts of stealing and corruption.In counts 15 to 17, Fani-Kayode and one Olubode Oke, who is said to be at large, were alleged to have made cash payments of about N30 million to one Paste Poster Co of No 125 Lewis St., Lagos.The said payments were alleged to have been made more than the amounts allowed by law without going through a financial institution.
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