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The Economic and Financial Crimes Commission re-arrested former minister of aviation, Femi Fani-Kayode after he stepped out of a court room at Federal High Court Lagos.

According to the EFCC, he would face fresh charges over new evidence that he collected huge cash directly from the embattled former National Security Adviser, Col. Sambo Dasuki.

The amount allegedly collected by Fani-Kayode
according to a source is different from the N4.9bn which he and ex-Finance Minister, Esther Nenadi Usman, Danjuma Yusuf and a company, Joint Trust Dimension Nig. Ltd., reportedly collected from the ONSA ahead of the presidential election.


The EFCC has already slammed a 17-count charge against them for taking the money from the public treasury and retaining same without rendering any verifiable service to the nation.

“There is a fresh case of various sums of money traced to the suspect, which has nothing whatsoever to do with the N4.9 billion case we instituted against him and others in Lagos.

We arrested Fani-Kayode because we need him to explain to our operatives why he took the money and what he used it for. It is clear from the records before us that he received the money directly from the NSA.

“From the record before us, the suspect signed and collected the sum of N26 million for undisclosed purpose and we want him to explain to us why he took the cash in the first place,” the source said.

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