Fresh Trouble Brews For Fani-Kayode As Surety Withdraws

Fresh trouble seems to be brewing for former aviation minister, Femi Fani-Kayode, as one of the sureties who stood for his bail  in the money laundering case against him at the Federal High Court in Lagos has officially applied to withdraw his surety-ship.

Fani-Kayode, who is now the Media Director of the President Goodluck Jonathan 2015 presidential campaign organisation, is being prosecuted by the Economic and Financial Crimes Commission (EFCC) over alleged  money laundering offences he committed while serving as Culture and Tourism Minister and later Aviation Minister.

According to court papers, the surety, Wale Ajisebutu has formally made an application to Justice Rita Ofili-Ajumogobia to withdraw from the case as surety to Fani-Kayode.

The surety had hinged his application on the grounds that he urgently need to make use of the Certificate of Occupancy (Cof O) he deposited to the court to secure Fani-Kayode’s bail after his arraignment for the money laundering crime.

The application was initially scheduled for hearing yesterday, but the defence wrote a letter asking for another date. The matter was subsequently adjourned to March 26 for hearing of the application and continuation of the trial.