Court Grants Fani-Kayode N50m Bail

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Fani-Kayode EFCC

A Federal High Court sitting in Abuja has granted the former Aviation Minister, Femi Fani-Kayode bail in the sum of N50 million.

READ ALSO: EFCC Re-Arrests Femi Fani-Kayode

This disclosure was made in a tweet by the Director, New Media, Peoples Democratic Party, Deji Adeyanju (@adeyanjudeji), on Thursday, November 10, 2016.

The Economic and Financial Crimes Commission (EFCC) had arraigned Fani-Kayode before Justice James Tsoho on Thursday on a five-count charge of money laundering to the tune of N26m.

In his Judgment, Justice Tsoho granted the bail request of Fani-Kayode’s lawyer, Afedayo Adedipe (SAN), on the ground that the offence was bailable.

The judge fixed December 14, for the commencement of trial.

Datboyjerry

Datboyjerry

I am but your herald boy in the art of the pen.. An eccentric Environmental Biologist smouldered in the glorious epiphany of online journalism.If you ever find my article unduly insipid, sue me and i’ll refund you...

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