Announcements

Follow Us
Advert
Donate

Kindly donate to our forum.

10%

10% of donation goal reached.

Follow Us on Facebook

Breaking News: Court grants Fani-Kayode N50m bail

View previous topic View next topic Go down

avatar
Biafranpalace
Lv5: Post Man
Lv5: Post Man
Posts : 285 Posts Liked : 63
View user profile

PostBiafranpalace on Thu 10 Nov 2016, 2:32 pm



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

View previous topic View next topic Back to top

Create an account or log in to leave a reply

You need to be a member in order to leave a reply.

Create an account

Join our community by creating a new account. It's easy!


Create a new account

Log in

Already have an account? No problem, log in here.


Log in

 
Permissions in this forum:
You cannot reply to topics in this forum