Outspoken chieftain of the PDP, Femi Fani-Kayode will soon be arraigned by the EFCC for a N1.5bn fraud.
Fani-Kayode had honored an invitation by the EFCC for questioning a month ago and since then had been held in detention by the anti-craft agency.
Fani-Kayode will be arraigned along with a former Minister of Finance, Senator Nenadi Usman; a firm, Joint Trust Dimensions Limited; and one Jimoh Yusuf.
“We have filed charges against Fani-Kayode, Usman, Yusuf and a company, Joint Trust Dimensions Limited. Yusuf was the signatory to the account of Joint Trust Dimensions Limited. They will be arraigned before a Federal High Court in Lagos this week,” an official of the EFCC reportedly said.
They would be charged with 17 counts bordering on money laundering and fraud.
EFCC said Fani-Kayode and Usman were arrested for their role in the sharing of a N4bn campaign fund during the build-up to the 2015 presidential election.
