Femi Fani-Kayode
THE Director of Media and Publicity of the Peoples Democratic Party (PDP) Presidential Campaign Organisation, Chief Femi Fani-Kayode, who is under trial for money laundering, will have to find a surety or risk being re-arrested.
One of his sureties has applied to the Federal High Court in Lagos to withdraw from guaranteeing the defendant’s temporary freedom.
The surety, Wale Ajisebutu, told Justice Rita Ofili-Ajumogobia that he urgently needed to make use of his Certificate of Occupancy (C of O).
He deposited it as one of the conditions for granting Fani-Kayode bail.
The judge was to consider the application yesterday, but the defence, it was learnt, asked for another date.
The matter has been fixed for March 26 for hearing of the surety’s application and continuation of trial.
Fani-Kayode was accused of making a transaction exceeding N500,000 on September 20, 2006, which was not done through a financial institution, by accepting N2.1 million in cash.
The money, said the prosecution, was paid into his personal bank account by his aide, Supo Agbaje, while he served as Minister of Culture and Tourism. He pleaded not guilty.
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