Nigeria News App

Join NN App My Account
Stats: 306 members, 1,704 topics. Date:   Sun, 16 2018 at 08:12 am
For more please contact us @

Nigerian News

FrontPage Forum Must Read Latest Posts Breaking News Entertainment Politics Business Economy Sports Romance General Hausa News
Trending : 2019 Candidate Debate Presidential Court Buharis Prices
Join NN App Earn by reading news Sign in My earnings Invite friends Income record How it works FAQ Testimonial Income support Today offer

NEWSCourt grants Fayose N50m bail

By - - [Must Read ]

Immediate past Governor of Ekiti State, Ayodele Fayose, has been granted bail in the sum of N50 million.

His bail application was granted during his second appearance before the Federal High Court sitting in Ikoyi, Lagos, on Wednesday.

Fayose was arraigned before Justice Mojisola Olatoregun by the Economic and Financial Crimes Commission (EFCC) on charges of corruption.

The judge also asked him to provide a surety who must have landed property in Lagos. The guarantor is also required to have three-year tax clearance in Lagos.

She added that the surety must present a bond of N50 million from a reputable insurance company or a first line bank, acceptable to the court.

The judge held that there must also be the production of three years tax clearance, while the accused must ensure he attends court for trial unfailingly, otherwise, the bond would be forfeited.

The court also ordered that the international passport of the accused should be deposited in the court’s registry.

She then adjourned the case until Nov. 19 for trial.

Fayose is facing an 11-count charge bothering on receiving illegal monies to fund his 2014 governorship campaign in Ekiti State, among other allegations of benefitting from proceeds of money laundry.

Like .

Others are reading

12 Comments Nigeria News
Kolatunmy• 3 days ago
Jpsadoh• 3 days ago
That's huge amount of money
olakunle031009• 2 weeks ago
LuCkYbOi• 3 weeks ago
LuCkYbOi• 4 weeks ago
LuCkYbOi• 4 weeks ago
Adepoju• a month ago
Lafeeze53• a month ago
Ahmadusman07• a month ago
RemiNNP• a month ago
I thought bail is free
Abidoun• 2 months ago
Abi now
innkayobami• 2 months ago
Well, we already known that's what's gonn' end the call up.

(Go Up)

Have a news to share? Contact Email:

NIGERIA NEWS APP ( is a website owned by IAR (IJMBway Alevel Registraion) a registered company that pays you for reading news, commenting on every news, sharing our ads on Twitter/ Facebook, inviting friends & family and logging daily. You can make upto ₦200,000 just by inviting people to read Latest Nigerian News & Breaking News in Nigeria. Register today with ₦1,600 to become a member.

© 2018 - Nigerian News App.