A Federal High Court in Lagos has ordered that two former ministers, Nenadi Usman, and Femi Fani-Kayode, be remanded till Friday when their bail applications would be heard.
The two ex-ministers as well as Danjuma Yusuf and a firm, Jointrust Dimensions Nigeria Limited, were on Tuesday arraigned by the Economic and Financial Crimes Commission, EFCC, on a 17-count charge bordering on conspiracy, stealing, corruption and making cash payments exceeding the amount authorized by law.
Mrs. Usman is a former minister of finance and director of finance of the Peoples Democratic Party Presidential Campaign Organization in the 2015 election.
Mr. Fani-Kayode is a former aviation minister. He also served during the 2015 election as director media/publicity of the PDP Presidential Campaign Organization.
They are alleged to have stolen and illegally disbursed about N4.9 billion belonging to the Federal Government of Nigeria.
The defendants pleaded not guilty to all the charges preferred against them.
