All Progressives Congress chieftain  Femi Fani-Kayode says he has been cleared of a N4.6 billion money laundering charges preferred against him by the Economic and Financial Crimes Commission.

“Yesterday the Court of Appeal quashed the charges filed against me, the former Minister of Finance Nenadi Usman and others at the Federal High Court in Lagos by the EFCC for the misappropriation of 4.6 billion naira and money laundering,” Mr Fani-Kayode wrote in a Facebook post on Friday.

Peoples Gazette cannot immediately verify Mr Fani-Kayode’s claim. Wilson Uwajaren, EFCC spokesman, said he has not been briefed on the development when The Gazette reached him for comments on Friday.

In 2016, the EFCC arraigned Mr Fani-Kayode, a former aviation minister, alongside former finance minister Nenadi Usman before the Lagos Division of the Federal High Court for fraud bothering on money laundering and misappropriation of public funds to the tune of N4.6 billion.

Also charged is Yusuf Danjuma, a former chairman of the Association of Local Governments of Nigeria (ALGON) and Jointrust Dimentions Nigeria Ltd.

According to the charges, Mr FanI-Kayode and others committed the offence in contravention of the provisions of sections 15 (3) (4), 16 (2) (b), and 16 (5) of the Money Laundering (prohibition) (Amendment) Act, 2012.

Mr FanI-Kayode and defendants had each pleaded not guilty to all the 17-count charges and were granted bail.

In 2021, Mr FanI-Kayode was arrested and detained by the EFCC for allegedly forging his medical report to dodge his fraud prosecution.