1.5bn Fraud: EFCC Re-arraigns Fani-Kayode, Three Others

The Economic and Financial Crimes Commission, EFCC, on Monday, January 24, 2022, re-arraigned Femi Fani-Kayode, a former Minister of Aviation; Nnenadi Esther Usman, a former Minister of Finance.

They were re-arraigned on a 17-count charge bordering on conspiracy and unlawful retention to the tune of N1,500,000,000.00 (One Billion, Five Hundred Million Naira) before Justice Daniel Osiagor of the Federal High Court sitting in Ikoyi, Lagos.

Also re-arrainged were Yusuf Danjuma, a former National Chairman of the Association of Local Government of Nigeria (ALGON) and a company, Joint-Trust Dimensions Nigeria Limited.

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