Monday, 4 July 2016

Court finally granted Femi Fani Kayode bail for 250 million naira

A Federal High Court sitting in Ikeja, Lagos State just  granted bail to  former Minister of Aviation in the past administration, Chief Femi Fani Kayode. The bail sum is  250million naira.


FFK  is being prosecuted by the Economic and Financial Crimes Commission, EFCC, for an alleged fraud of 4.9 billion naira.

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Justice Muslim Hassan, while granting the bail  ordered the defendant to provide two sureties in like sum and also deposit his passport in the custody of the court pending the outcome of the case.

The sureties are to  present evidence of tax clearance in the state and as usual, the sureties  must be owners of landed properties within the court’s jurisdiction.

Today the 4th day of July 2016 witnessed this…

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