Home News Alleged money laundering : Fani-Kayode granted N50m bail

Alleged money laundering : Fani-Kayode granted N50m bail

0
0

Image result for femi fani kayode efccFormer aviation minister, Femi Fani-Kayode has been granted bail of N50m and one surety in like sum.

In his ruling on Thursday, Justice John Tsoho held that Fani-Kayode be remanded in prison until he perfected his bail condition.

The surety must be resident in Abuja with landed property in the Federal Capital Territory. Fani-Kayode is also to drop his international passport and other travel documents.

The Economic and Financial Crimes Commission is prosecuting Fani-Kayode on afive-counts of money laundering to the tune of N26m.

The trial will commence on December the 14th.

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *