EFCC Explains the reasons behind Femi Fani-Kayode’s re-arrest

The Economic and Financial Crimes Commission has opened up on why it re-arrested former Aviation Minister, Femi Fani-Kayode last Friday.

A top source at the Economic and Financial Crimes Commission has revealed to Vanguard why the anti-graft agency re-arrested former Aviation Minister, Femi Fani-Kayode.  Fani-Kayode was re-arrested by the EFCC after he stepped out of a court room at  Federal High Court Lagos, on Friday.

He had earlier hinted that the operatives of the EFCC had planned to arrest and detain him for a longtime over trumped up charges.

An EFCC source told Vanguard last night that Fani-Kayode will soon be transported to Abuja.

“We are going to move him to Abuja to answer fresh questions arising from the new evidence that he personally collected various sums of money from the ONSA”. the source said.

The amount allegedly collected by Fani-Kayode, according to the source is different from the N4.9 billion, which he and the former 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. The source revealed that Fani-Kayode was rearrested last Friday following a new finding by the EFCC that he collected N26 million for an undisclosed purpose.

“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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