COURT GRANTS FAYOSE N50 MILLION BAIL FROM EFCC CUSTODY.
Prince Everest,
The former governor of Ekiti state, Ayodele fayose is facing an 11- count charge bothering on money laundering and other crimes. Governor Ayodele Fayose's second appearance before the Federal High court at Ikoyi, Lagos, on Wednesday lasted less than 30 minutes.
He was asked to provide a surety who must have landed property in Lagos. The guarantor is also required to have three-year tax clearance in Lagos.
Fayose was officially charged to to the court of law by the Economic and Financial Crimes Commission (EFCC) before justice Mojisola Olatoregun on charges of corruption. He arrived at the court premises on Wednesday around 9am, escorted by armed security operatives and officials of the EFCC.
fayose is facing an 11-count charge concerning an illegal money he received to fund his 2014 governorship campaign in Ekiti state, among other allegations of benefiting from proceeds of money laundering. When he was arraigned before the court on Monday, October 22, 2018, the outspoken former governor pleaded not guilty to all the charges and pressed for bail which he was granted. Justice Mojisola Olatoregun ordered him to submit his international passport to the court As he was granted bail.
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