Alleged N4.6bn Fraud: Court Awards N.2m Fine Against Ex-Minister, Fani-Kayode

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Former Ex minister of aviation, Femi Fani Kayode has been awarded N2M on alleged fraud.

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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