The Federal High Court in Lagos has granted the former Governor of Ekiti State, Ayodele Fayose, bail in the sum of fifty million naira.
The presiding judge, Morenikeji Olatoregun, who granted the bail today, added that Fayose must provide two sureties who must issue a fifty-million-naira bond in a reputable bank, as well as possess three years tax clearance.She also directed that the former governor must deposit his international passport with the court.
The Economic and Financial Crimes Commission, EFCC, had on Monday arraigned Fayose on eleven counts charges of alleged money laundering, amounting to two-point-two billion naira. The commission said Fayose received one-point-two billion naira from the Dasukigate to fund his 2014 gubernatorial campaign in Ekiti State.
The former governor however pleaded not guilty to all the charges. Fayose’s lawyer, Kanu Agabi, urged the court to grant his client bail, based on self-recognizance on the ground that he voluntarily submitted himself to the EFCC.
The commission had initially opposed the bail request, saying that on the day Fayose arrived at headquarters, he was accompanied by ‘hoodlums’ who were willing to attack their officials. The trial has nowbeen adjourned till nineteen of November.
been adjourned till nineteen of