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Monday, July 4, 2016

Finally Court finally grants Fani-Kayode N250m bail


Okooo....A Federal High Court sitting in Ikeja, Lagos State has granted bail to a former Minister of Aviation in the past administration, Chief Femi Fani-Kayode, in the sum of N250million.Fani-Kayode is being prosecuted by the Economic and Financial Crimes
Commission, EFCC, for an alleged fraud of N4.9bn.While granting the bail, Justice Muslim Hassan ordered the defendant to provide two sureties in like sum and also deposit his passport in the custody of the court pending the outcome of the case." The sureties, the court said, must be owners of landed properties within the court’s jurisdiction.The sureties were to also present evidence of tax clearance in the state.
 Justice Muslim Hassam of the Federal High Court in Lagos today granted bail in the sum of N250m to Femi Fani-Kayode. Part of the bail conditions requires him to provide two sureties in like sum that must be land property owners and to also deposit his passport in the custody of the court pending the outcome of the case. See more pics of FFK and Precious outside the court premises as you continue...abeg



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