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Breaking; Court Grants Femi Fani-Kayode N50M Bail

James Tsoho, justice of the federal high court, Abuja, has granted Femi Fani-Kayode, spokesman of former President Goodluck Jonathan’s campaign organisation, bail in the sum of N50m, and one surety in like sum.

In his ruling on Thursday, Tsoho held that the offence Fani-Kayode was alleged to have committed was a bailable one. He, therefore, granted the defendant bail as requested by Afedayo Adedipe (SAN), his counsel.

However, he ruled that Fani-Kayode be remanded in prison until he perfected his bail condition. The Economic and Financial Crimes Commission (EFCC) is prosecuting Fani-Kayode on five-counts of money laundering to the tune of N26m.

The anti-graft agency is also prosecuting him on 17-counts of money laundering ‎to the tune of N4.9bn at the Lagos division of the federal high court.

Before his arraignment on Thursday, he has been in the custody of the EFCC for 21 days after he was arrested‎ in Lagos and transported to Abuja.

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

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  • Cornel Nwankwo

    That judgement is a funny one, he keeps committing and the court keeps granting him bail, wonder when they will use one person as a scale goat

  • chika bibian

    Niaja we country…

  • So who go collect the 50m

  • emekachilaka

    nawa ooo this country is really becoming something else

  • Kenny D Osonwa

    Nigeria, someone stole billions and he is been bailed with millions. Why wouldn’t he steal again coz there is so much gain.. .

  • kayode akinsanya

    How much is 50m naira to him, he can bail himself na.

    • Cornel Nwankwo

      Ofcos oooo

  • Olovo Obinna

    And the drama continues….lets be watching them na….FFK don see pepper

    • Kenny D Osonwa

      No think am oo

      • Olovo Obinna

        Lol

  • Mezzy Gilbert

    I no fit laf abeg

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