Alleged N26m Fraud: Fani-Kayode Gets N50m Bail

  • Court fixes Dec. 14 for commencement of trial

Alex Enumah in Abuja

Embattled former Aviation Minister and Director of Media and Publicity in the Campaign Organization of former President Gooluck Jonathan, Femi Fani-Kayode, was granted bail to the tune of N50m by a Federal High Court, Abuja, in a case of N26m money laundering.

The charges were brought against him by the Economic and Financial Crimes Commission (EFCC).

Trial judge, Justice John Tsoho who granted the bail however ordered that the accused be remanded in Kuje Prison pending the perfection of his bail condition.

Other conditions the defendant had to meet before he enjoys the bail include a surety in like sum with property in Abuja.

The surety is expected to produce the original documents of the property for sighting and inspection before the Deputy Registrar, Litigation.

The defendant and the surety are both expected to produce two recent passport photographs, while he is expected to submit any travelling document with him and would only get them from the court if the need arises.