The Economic and Financial Crimes Commission on Tuesday, June 28, 2016 arraigned Nenadi Esther Usman, a former Minister of Finance and Director of Finance PDP Presidential Campaign in the last general election; Femi Fani-Kayode also a former Minister and Director Media/Publicity of the PDP Presidential Campaign; Danjuma Yusuf and Jointrust Dimensions Nigeria Limited before Justice M. S. Hassan of the Federal High Court Lagos, on a 17-count charge bordering on conspiracy, stealing, corruption and making cash payments exceeding the amount authorized by law.
The accused were alleged to have stolen and illegally disbursed about N4.9bn belonging to Nigeria.
According to the EFCC, it was able to track that the Billions were deployed to political and personal uses.
When the charges were read out to them, the accused persons pleaded not guilty.
The Judge, however, ordered that the defendants be remanded in prison custody and adjourned to Friday, July 1, 2016 for hearing of bail applications.
The real battle for Fani-Kayode and others will begin on Friday.
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