Fani-Kayode pleads not guilty to money laundering charge

Former Aviation Minister, Mr. Femi Fani-Kayode,
Thursday, pleaded not guilty to a 40-count money-
laundering charge, following his re-arraignment
before a Federal High Court sitting in Lagos.
He was re-arraigned by Economic and Financial
Crimes Commission, EFCC.
His arraignment was sequel to an amended 40-
count charge filed by the prosecution on January
24, on the alleged offence.
After his plea, his counsel prayed the court to allow
the accused continue with the terms of bail earlier
granted by the court.
The prosecution, did not object to the application for
bail.
Trial judge, Justice Rita Ofili-Ajumogobia in a rulling,
granted the prayers of defence counsel.
The court held that the accused being a senior
member of the bar, and a traditional title holder, who
had always been available in court at all times in
his trial, was allowed to continue on the earlier bail
granted and adjourned the case till March 10 for
trial.
Fani-Kayode was first arraigned in December 2008
before Justice Ramat Mohammed on a 47-count
charge.
He pleaded not guilty to the charge and Justice
Mohammed granted him bail in the sum of N200
million with two sureties in like sum.