court
court

A Federal High Court in Lagos has granted bail in the sum of N250m to a former Minister of Aviation, Chief Femi Fani-Kayode, who is being tried by the Economic and Financial Crimes Commission for an alleged fraud of N4.9bn.

READ ALSO  Police say robbers steal jewellery worth 200,000 euros from French museum

Justice Muslim Hassan granted the bail with two sureties in like sum and ordered Fani-Kayode to deposit his passport in the custody of the court pending the outcome of the case.

READ ALSO  ONITSHA BOUND PASSENGERS ABDUCTED AT OKENE

The sureties, the court said, must be owners of landed properties within the court’s jurisdiction.

They were also to present evidence of tax clearance in the state.

READ ALSO  Alleged bribery: Justice Ademola, wife docked, get N100m bail

Also admitted to bail in the same conditions were a former Minister of State for Finance, Nemandi Usman, and one Danjuma Yusuf, who were standing trial along with Fani-Kayode.

 

 

Details Later


Loading...
loading...
SHARE