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Court grants Fani-Kayode bail

04 July 2016, 11:43

Lagos -  A Federal High Court sitting in Lagos on Monday granted former Minister of Aviation, Femi Fani- Kayode bail, reports NewsDay.

He was granted bail to the tune of N250 million and 2 sureties in like sum.

Also read: Court okays Fani-Kayode’s detention

Presiding judge, Justice Hassan also ordered the former minister to deposit his international passport in the court's registry.

The Commission had on June 28 arraigned Fani-Kayode, Nenadi Usman, former finance minister, alongside Danjuma Yusuf and Jointrust Dimensions Nigeria Ltd on a 17-count charge bordering on conspiracy and corruption, reports News 24

The defendants were alleged to have diverted about N4.9 billion belonging to the Federal Government of Nigeria for political and personal uses.

However, they had pleaded not guilty to the charges brought against them. 

- News 24


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