Ex-minister could be in EFCC custody for 2 weeks

monjola sotubo

May 11, 2016 12:54 PM

The former minister is facing charges of money laundering and is alleged to have received N840 million in looted funds while participating in the re-election campaign of former president, Goodluck Jonathan.

Former aviation minister, Femi Fani-Kayode arrives at EFCC headquarters in Abuja on May 9, 2016.

This is due to the agency’s possession of a remand order which will allow it detain Fani-Kayode for that period of time and which can also be extended.

“Besides the N840m that Fani-Kayode admitted to receiving, we believe he got more. Thanks to BVN (Bank Verification Number), we can trace all other accounts that he has. We will trace the transaction history and see how much he truly received and how much was from the public funds,” an EFCC source told Punch.

“There are other petitions against the former minister and he will be grilled. In the coming days, we will reveal the outcome of investigations. The issue of a witch-hunt does not apply here. Fani-Kayode faced a criminal trial under (late President Umaru) Yar’Adua and (former President Goodluck) Jonathan. Did it mean they also hated him?” the detective said.

Meanwhile, the EFCC has frozen Fani-Kayode’s bank account due to the allegations.

monjola sotubo