Thursday, 10 November 2016
Court grants Fani-Kayode N50m bail
A Federal state supreme court in Nigerian capital on Thursday granted bail to a former Minister of Aviation, Mr. Femi Fani- Kayode, within the total of N50m once he was arraigned on 5 counts of N26m fraud.
Fani-Kayode, a Director of Media and substance within the campaign organisation of president Goodluck dessert apple, pleaded acquitted to all or any the 5 counts most well-liked against him by the Economic and money Crimes Commission.
The EFCC defendant the litigator of amusing N26m allegedly received from the workplace of the National Security advisor whereas Sambo Dsuki was in workplace.
The EFCC additionally defendant him of handing the aforementioned N26m while not researching establishment as needed beneath the cash washing Act.
Fani-Kayode is already standing trial together with others within the urban center Division of the Federal state supreme court with reference to the ONSA funds.
But he's the only litigator within the recent charges marked FHC/ABJ/CR/140/2016 filed before the Nigerian capital Division of the court.
Shortly once the instrument on Thursday, Fani-Kayode’s professional person, Mr. Ifedayo Adedipe (SAN), touched his client’s bail application that was opposed by EFCC’s professional person, Mr. Johnson Ojogbane.
But the judge, Justice John Tsoho, unemployed the EFCC’s objection to the bail application, holding that the litigator was probable innocent.
The choose granted bail to the defendant within the total of N50m with one surety.
As a part of the bail conditions, the court additionally ordered the defendant to deposit his passport with the court registrar unfinished the conclusion of his trial.
The choose ordered that the defendant be remanded in jail unfinished once he would meet the bail conditions.
But it had been learnt that he met the conditions before departure the court premises on Thursday.
Justice Tsoho adjourned until Dec fourteen for commencement of trial.
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