Money Laundering: Fani-Kayode’s Surety Applies To Withdraw

    A man named Wale Ajisebutu has written to a Federal High
    Court in Lagos seeking to withdraw as a surety for a former Minister of
    Aviation, Femi Fani-Kayode, who is facing money laundering charges, Punch
    reports.
    Ajisebutu was one of the two persons who stood as sureties
    for Fani-Kayode in the fulfilment of the bail conditions granted him by Justice
    Ramat Mohammed in December 2008. The bail was in the sum of N200m.
    Ajisebutu’s application to withdraw was listed for hearing
    before a Justice today. It was, however, not taken as it was learnt that
    Fani-Kayode had written to the court seeking for an adjournment.

    The surety said he was withdrawing because he had an urgent
    need for the documents of his landed property, which he had deposited into the
    court’s custody. Further proceeding in Fani-Kayode’s trial had been adjourned
    till March 26.

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