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Money Laundering: Court Orders Fani-Kayode’s Re-Arraignment

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Temmy
Temmyhttp://www.jozigist.co.za/
Temmy, a fun loving creative writer, is a graduate of Lead City University. She simply loves life, others and God. Aside writing, she enjoys counselling and encouraging others.‎

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[full]A Federal High Court in Lagos on Monday ordered the re-arraignment of former Aviation Minister, Femi Fani-Kayode, facing charges of money laundering

Justice Rita Ofili-Ajumogobia, gave the order while ruling on an application of objection filed by Mr. Fani-Kayode’s counsel, Ifedayo Adedipe, challenging the competence of the charges.
The prosecutor, Festus Keyamo, on January 27, filed an amended 40-count charge bothering on money laundering against Mr. Fani-Kayode and urged the court to order him take his plea.
Mr. Fani-Kayode was first arraigned on December 2008 on a 47-count charge of money laundering. He had pleaded not guilty to the charge and was granted bail.
In the charge, the accused was alleged to have transacted funds exceeding N500, 000 without going through due financial process.
The accused was also alleged to have accepted cash payments of about N100 million while he was the Minister of Aviation and that of Culture and Tourism, respectively.
The prosecutor told the court that the offence contravened the provisions of sections 15(1) (a) (b) (c) (d) and 15 (2) (a) (b) of the Money Laundering (prohibition) Act, 2004.
But Mr. Adedipe objected to the amended charge preferred against his client.
He argued that the amended charge was invalid as it did not disclose the identity of the source from whom the accused allegedly obtained the money.
He further submitted that his client was therefore not in a position to take his plea in the matter and described the charge as “incompetent”.
Ruling on the application on Monday, Ms. Ofili-Ajumogobia ordered the accused to take his plea.
She held that it was an abject misconception on the part of the defence counsel to have raised the objection in the first place.
“The charge against the accused is valid and hereby sustained.
“The objection raised by the defence counsel lacks merit and should not have been raised in the first place.
“The accused is hereby directed to plead to the charge”.
The judge also agreed with the prosecution’s submission that the non-disclosure of the identity of the giver or receiver of the money was immaterial and could not affect the validity of the charge.
She, therefore, adjourned the case to March 5 to enable the prosecutor re-arraign the accused on the charge of money laundering.[/full]

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