Breaking n4.9bn fraud efcc re arraigns fani kayode others before new judge

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The Economic and Financial Crimes Commission (EFCC) has re-arraigned Femi Fani-Kayode, a former Minister of Aviation, and others before a new judge in a N4.9 billion fraud case.

The defendants, who were initially arraigned before Justice John Tsoho of the Federal High Court in Abuja, were re-arraigned before Justice Binta Nyako on Wednesday.

Fani-Kayode, along with Nenadi Usman, a former Minister of State for Finance, and a company, Jointrust Dimentions Nigeria Ltd, were accused of conspiring to commit fraud and stealing N4.9 billion from the Federal Government's account.

The EFCC alleged that the defendants, between January 2014 and March 2015, conspired to commit the fraud, which was allegedly perpetrated through the Office of the National Security Adviser (ONSA).

The prosecution told the court that the defendants used the funds for personal purposes, including buying properties and making payments to themselves.

The defendants have pleaded not guilty to the charges, and the case has been adjourned to October 21 for further hearing.

It's worth noting that the re-arraignment of the defendants comes after Justice Tsoho recused himself from the case due to a perceived bias.