The Economic and Financial Crimes Commission (EFCC), yesterday, re-arraigned a former Minister of Finance, Nenadi Esther Usman; a former Minister of Aviation, Femi Fani-Kayode; a former National Chairman of the Association of Local Government of Nigeria (ALGON, Yusuf Danjuma and a company, Joint-Trust Dimensions Nigeria Limited, on a 17-count charge bordering on conspiracy and unlawful retention to the tune of N1,500,000,000.00 before Justice Daniel Osiagor of the Federal High Court, sitting in Ikoyi, Lagos. THIS DAY reports.

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One of the counts reads: “ That you, Nnenadi Esther Usman, Femi Fani-Kayode, Danjuma Yusuf and Jointrust Dimensions Nigeria Ltd., on or about the 8th day of January, 2015, within the jurisdiction of this Honourable Court in Lagos, conspired amongst yourselves to indirectly retain the sum of N1,500, 000,000.00, which sum you reasonably ought to have known forms part of the proceeds of an unlawful act to wit: stealing, and you thereby committed an offence contrary to Section 18(a) of the Money Laundering (Prohibition)(Amendment) Act, 2012 and punishable under Section 15(3) & 4 of the same Act”. Information Guide Nigeria

The defendants, however, pleaded “not guilty” to the 17-count charge. jamb results

In view of their pleas, the prosecution counsel, Rotimi Oyedepo, asked the court for a trial date.

However, counsel to the first defendant, Usman, Ferdinand Orbih, (SAN), urged the court to allow the defendants to continue on the bail terms previously granted them by the court.

Counsel to Fani-Kayode, Norrison Quakers (SAN), however, argued that his client “is not a flight risk and has not breached the terms of his bail condition”.