Femi Fani-Kayode has been arrested by the Economic and Financial Crimes Commission, EFCC, for fraud.
Wilson Uwujaren, EFCC spokesman, confirmed the development to newsmen on Tuesday.
The former minister is said to have been arrested and taken to the Lagos zonal command of the EFCC over allegations of fraud and forgery.
In 2016, the anti-graft agency arraigned Fani-Kayode, a member of former President Goodluck Jonathan’s presidential campaign team, alongside Nenadi Usman, a former minister of state for finance, on a 17-count charge bordering on alleged money laundering and diversion of N4.9 billion.
Others listed as defendants are Danjuma Yusuf and a company, Joint Trust Dimensions Limited.
At the last sitting in October, the federal high court in Lagos had awarded a fine of N200,000 against the former minister for his absence in court to take his plea in the alleged N4.6 billion fraud.
The matter was adjourned till November 30, 2021, for the re-arraignment of the defendants.
Meanwhile, Fani-Kayode’s arrest comes weeks after he defected from the Peoples Democratic Party, PDP, to the All Progressives Congress, APC.
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