No missing fund during Fani-Kayode’s tenure – Witness

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BY INNOCENT ANABA

Lagos — A prosecution witness in the on-going trial of former Aviation Minister, Femi Fani-Kayode before a Federal High Court sitting in Lagos, Mr. Bashir Abdullahi, yesterday, told the court that there was no missing funds during the tenure of the accused.

Abdullahi, the third prosecution witness for the Economic and Financial Crimes Commission, EFCC, in his evidence in-chief, told the court that the case file of the accused was assigned to him in 2008, for investigation.

The witness is an investigating police officer with EFCC.

Fani-Kayode is standing trial on alleged money laundering charge.

Led in cross examination by the defence counsel,  the witness said: “Our investigations revealed that a total of N19.5 billion was released as Aviation Intervention Fund, out of which a total of N8.5 billion was released during the tenure of Professor Femi Aborishade, the predecessor of the accused.

“During the tenure of the accused, the sum of N11 billion was released and out of this sum, the accused disbursed a total of N3.8 billion, leaving a remainder of N7.2 billion in the Ministry’s account. Our investigations revealed that no part of the Aviation fund was missing during the tenure of the accused, and there was also no finding that the accused made any disbursement without due process.”

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