Witness exonerates Femi Fani-Kayode, says aviation fund not missing

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According to a report by the Tribune newspaper, a Federal High Court, Lagos presided over by Justice Rita Ofili-Ajumogobia was yesterday told by a prosecution witness, Mr. Bashir Abdullahi, that Femi Fani-Kayode, a former minister of aviation, disbursed N3.8 billion of the N11 billion Aviation Intervention Fund (AIF) released during his tenure, leaving a balance of N7.2 billion in the ministry’s account.
Abdullahi, a third prosecution witness at the ongoing trial of Fani-Kayode by the Economic and Financial Crimes Commission (EFCC) for money laundering charges, however, said investigations showed that no part of the funds was missing during the tenure of the accused.

The witness who is an investigating police officer with the EFCC, was led in evidence by Festus Keyamo, he said the case file was assigned to him in 2008 for investigation, which made it necessary to demand the accused persons statement of account from the First Inland Bank, which was later released to the EFCC.

He said the former minister made seven statements in writing during investigation, as regards the Aviation Intervention Fund (AIF) received during his tenure. The statements were later admitted by the court in exhibits as PD4 series, the statements revealed that no part of the funds was missing during the tenure of the accused, said the witness.

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