The Economic and Financial Crimes Commission has said it was shocked by Wednesday’s acquittal of former Minister of Aviation, Femi Fani-Kayode.
A Federal High Court in Lagos acquitted Mr. Fani-Kayode of corruption charges, sayingthe EFCC failed to prove its “feeble case” against Mr. Fani-Kayode beyond reasonable doubt.
The spokesperson for the commission, Wilson Uwujaren, in a statement, said the ruling by the judge, Rita Ofili- Ajumogobia, was shocking.
Mr. Uwujaren said, “The Commission is making effort to obtain a Certified True Copy of the ruling, to enable it respond appropriately after careful review of the judgment.”
The trial against the former minister by the EFCC began in 2008, before Justice Ramat Mohammed, for allegedly laundering about N100 million during his tenure as the Minister of Culture and Tourism and then, aviation.
The allegedly laundered sum was, however, reduced to N2.1 million on November 17, 2014 after the court dismissed 38 of the 40-count charge levelled against Mr. Fani-Kayode for want of proof.
The prosecuting counsel, Festus Keyamo, had urged the court to uphold the remaining two counts and to accordingly convict Mr. Fani-Kayode. He said the former minister failed to exonerate himself of the allegations.
Mr. Keyamo pointed out that the object of the charge was that Mr. Fani-Kayode transacted in cash sums above N500,000, which was the threshold stipulated by the Money Laundering (Prohibition) Act.
Mr. Keyamo had also argued that Mr. Fani-Kayode admitted making such transactions in his confessional statement of December 22, 2008 made to the EFCC.
He argued that the prosecution had discharged its duty once it established that Mr. Fani-Kayode transacted in large sums above the Money Laundering threshold, adding that it was left for Mr. Fani-Kayode to explain the source of the money.