Skip to content
October 30, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Breaking News
  • N26m Dasukigate: Fani-Kayode opts for plea bargain
  • Breaking News

N26m Dasukigate: Fani-Kayode opts for plea bargain

Admin February 6, 2017

Former Aviation Minister, Femi Fani-Kayode on Monday, asked the Federal High Court Abuja, to adjourn his case to allow him explore other options of settlement aside from going to trial.

Counsel to Fani-Kayode, Mr Ameh Raji (SAN) who made the application on his behalf said that since the sum of money involved was only N26 million, he believed that there were other options of settlement.

Raji added that moreover, he was new on the case and would need some time to go over the facts of the case to enable him defend his client effectively.

“My Lord, I am just coming into the case and so I crave your indulgence to enable me familiarize myself with the case.

“Secondly, looking at the facts of the case and the money involved, I believe that there are other options we can explore.

“The case involves the sum of N26 million and the law allows you to explore the option of plea bargain and so many other options rather than go through trial,” Raji said.

He said that if the Economic and Financial Crimes Commission (EFCC) was amenable to plea bargain, the defence would take the option.

The prosecuting counsel, Mr Johnson Ojogbane said he was not opposing the application.

Ojogbane, however, asked the court to take cognizance of the fact this was the second adjournment at the instance of the defence and asked for a definite date to commence trial.

The judge, Justice John Tsoho adjourned the matter till March 14 for commencement of trial.

Fani-Kayode was arraigned by the Economic and Financial Crimes Commission (EFCC) before Justice Tsoho on a fresh five-count charge bordering on money laundering.

The ex-aviation minister was accused of allegedly collecting N26 million from the Office of the Former National Security Adviser, Sambo Dasuki and using same for media campaign.

Count two of the charge read that;” You Femi Fani-Kayode, converted N26 million cash paid from the office of the National Security Adviser for the purpose of media campaign when you ought to have reasonably known that the said funds formed part of an unlawful act contrary to section 15 (2) (b) of the Money Laundering Act.”

Following the argument of his bail application by the counsel who represented him on that day, Mr Ifedayo Adedipe (SAN), he was admitted to bail in the sum of N50 million and one surety in like sum.

Fani-Kayode is facing another 17 -count charge of money laundering before the Lagos division of the court.

 

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: mainnews mainnews2 newsbar newsticker recommended

Post navigation

Previous How technology, innovation boost digital economies, by Ojobo
Next We Hear You Loud and Clear, Osinbajo tells protesters

Related Stories

Senate ​‌‌‌⁠‍‍⁠⁠‍‌​​​​‍‌‌‌​passes 2 amendment bills on raw materials, procurement Senate passes Finance Bill
  • Breaking News

Senate ​‌‌‌⁠‍‍⁠⁠‍‌​​​​‍‌‌‌​passes 2 amendment bills on raw materials, procurement

October 20, 2026
AfDB invests $750,000 to support women entrepreneurs in Nigeria Africa
  • Breaking News

AfDB invests $750,000 to support women entrepreneurs in Nigeria

October 16, 2026
NLNG Unveils 2026 Science Prize Winner: AI Breakthrough Cuts MRI Scan Times by 90%
  • Breaking News

NLNG Unveils 2026 Science Prize Winner: AI Breakthrough Cuts MRI Scan Times by 90%

October 13, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Every borrowing is a debt, stop deceiving Nigerians – Atiku’s aide fires at Oyedele
  • Business & Economy

Every borrowing is a debt, stop deceiving Nigerians – Atiku’s aide fires at Oyedele

October 30, 2026
“Obtain Necessary Permits”, Lagos Cracks Down on Illegal Borehole Drilling, to Prosecute Violators
  • metro

“Obtain Necessary Permits”, Lagos Cracks Down on Illegal Borehole Drilling, to Prosecute Violators

October 30, 2026
Drilling Borehole Without Approval Is Illegal, Punishable By Law – Lagos Govt
  • Metro News

Drilling Borehole Without Approval Is Illegal, Punishable By Law – Lagos Govt

October 29, 2026
1 in 4 Nigerian stroke patients under 50, expert says
  • National News

1 in 4 Nigerian stroke patients under 50, expert says

October 29, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.