The Economic and Financial Crimes Commission, EFCC, has disclosed how the sum of N1.5billion was transferred to an account allegedly belonging to former Aviation Minister, Femi Fani-Kayode.
In a statement by Shehu Shuaibu, an investigating officer of the Commissioner, he stated that the sum was transferred from the Ministry of External Affairs account to Joint Trust Dimension Nigeria Limited belonging to Fani-Kayode.
He said, “We commenced investigation immediately and wrote a letter of investigation activities to Zenith Bank requesting for a statement of account of Joint Trust and all the transactions in the account.
“We received the response and analysed them. Our findings revealed that on January 8, 13, and 16 ,2015, the sum of N300million, N400million, and N800million respectively were transferred from Ministry of External Affairs research project account, and Ministry of External Affairs research capital account respectively into Joint Trust Dimension Nigeria Limited account.”
Shuaibu further stated that between February 20 to the end of March 2015, Fani-Kayode withdrew over N450million cash from the said accounts.
The Judge, Justice Osiagor adjourned the matter to March 25.
