Former Minister of Aviation, Chief Femi Fani-Kayode will know his fate in a few hours as the final verdict to his money laundering case will be read tommorrow, Wednesday, the 30th of June 2015.
The former Director of Media and Publicity of the Peoples Democratic Party (PDP) Presidential Campaign was accused by the Economic and Financial Crimes Commission, of making a transaction exceeding N500,000 on September 20, 2006, which was not done through a financial institution.
Justice Rita Ofili-Ajumogobia chose not to deliver the verdict on the earlier date, June 18, because the prosecution counsel, Mr. Festus Keyamo, was absent.
Kani-Kayode, allegedly collected N2.1 million cash paid into his personal bank account by his aide, Supo Agbaje, while he served as Minister of Culture and Tourism.
The defendant pleaded not guilty to the alleged offence which the EFCC aid contravenes the Money Laundering Act.
The judge had, last November 17, directed Fani-Kayode, to defend two of 40-count money laundering charges.
The judge held that the commission did not prove the other charges sufficiently and partially upheld Fani-Kayode’s no-case submission.
