A Federal High court sitting in Lagos Monday morning granted bail to former Aviation minister, Femi Fani-Kayode
The former spokesman for Goodluck Jonathan’s campaign organisation, who was held without trial for over two weeks, was arraigned for money laundering on June 28, alongside Nenadi Usman.
It will be recalled that, few days after he was held at the EFCC, he was granted administrative bail but the condidtions were so stringent, he could not meet them. Shortly after, the EFCC approached a Magistrate court where it obtained a holding order for three weeks
Last week another couert declared his detention legal when Fani Kayode challenged his continued incarceration.
The Court sitting before Justice Hassan on Monday, granted Bail to Fani Kayode to the tune of N250 million and 2 sureties in like sum.
He was arraigned alongside a former minister of finance, Nenadi Usman.
He will also submit his international passport to the court.