A N50m bail has been secured by former Governor of Ekiti State, Ayodele Fayose on Wednesday from Justice Mojisola Olatoregun of a Federal High Court in Ikoyi Lagos.
In addition he is not expected to travel out of Nigeria for any reason for now. The Court has, therefore asked him to deposit his international passport with its Chief Regiatrar.
Reports also had it that Fayose was asked to provide two sureties.
When he was charged to court on Monday, he pleaded not guilty to the allegation that he misappropriated N30.8 billion.
The embattled former governor was charged to court by the Economic and Financial Crimes Commission. A large number of his supporters were present in court, the News Agency of Nigeria reports.
After the arraignment of the accused, the defence counsel, Mr Kanu Agabi (SAN), who is a former Attorney General of the Federation, informed the court of a motion on notice for the bail of the accused.
Justice Mojisola Olatoregun, consequently, adjourned the case until October 24 for the hearing of the bail application.
Fayose’s supporters and admirers have since the news of his sucuring his bail taken to the social media to celebrate and taunt the government of President Muhammadu Buhari.
Packaged by Alice Egbedele
