Former minister of aviation, Femi Fani Kayode has been acquitted of thirty eight out of forty of the counts of money laundering hanging over him.
Mr. Fani-Kayode is being prosecuted by the Economic and financial crimes commission over allegations of financial dealings without following set rules.
Justice Rita Ofili-Ajumogobia of a federal high court discharged and acquitted the accused of thirty eight counts and order the accused to enter defence on two counts.
It will be recalled that Mister Fani-Kayode was first arraigned sometime in December two thousand and eight before Justice Ramat Mohammed on a forty seven-count charge.
The charge had be amended, reducing the alleged amount involved in the crime from over one hundred million naira to less than three million