Witness confirms several deposits in Fani-Kayode’s account
A PROSECUTION witness and a legal officer with the First City Monument Bank Plc (FCMB). Mr. Elonna Ezelo Tuesday told a Federal High Court Lagos, that several forms of deposits running into millions of naira were made by Femi Fani-Kayode, while he was the Minister of Aviation. The witness, however, said there was no formal report made to any authority concerning the financial transactions by the former minister. Fani-Kayode, is standing trial on an amended 40-count charge bordering on money laundering. At the resumed hearing of the matter yesterday, the witness who was led in evidence by the prosecutor, Mr. Festus Keyamo, told the court that the accused first had an account with First Atlantic Bank Plc, which later transformed from First Inland Bank Plc, to Finbank Plc, and now FCMB. He said as a legal officer of the bank, he collated all statement of account of the accused which revealed several transactions involving cash, c...