The former Minister of Aviation alongside other defendants are expected to be arraigned at the Federal High Court sitting in Lagos as soon as the case is assigned to a judge.
It was learnt that Fani-Kayode, Usman and Yusuf would be charged on Wednesday with 17 counts bordering on money laundering and fraud.
A source close to the polity said: “We have filed charges against Fani-Kayode, Usman, Yusuf and a company, Joint Trust Dimensions Limited. Yusuf was the signatory to the account of Joint Trust Dimensions Limited. They will be arraigned before a Federal High Court in Lagos this week.”
In the first count, Usman, Fani-Kayode, Yusuf And Jointrust Dimensions Nigeria Limited on or about January 8, 2015, within the jurisdiction of the Court conspired to indirectly retain the sum of 1.5 Billion Naira, a sum the EFCC said they reasonably ought to have known formed part of the proceeds of an unlawful act of stealing.
“They, therefore, committed an offence contrary to Section 18 (a) of the Money Laundering (Prohibition) (Amendment) Act, 2012. The Offence is punishable under Section 15(3) & 4 of the same Act,2 the charge read.
The anti graft agency had listed 17 witnesses to testify against the defendants including representatives of some banks.