Court grants ex-gov Fayose N50m bail

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Ayodele Fayose, ex-governor of Ekiti State, has been granted bail in the sum of N50 million.

In his second appearance before the Federal High Court sitting in Ikoyi, Lagos, on Wednesday, which lasted less than 30 minutes, he was also asked to provide a surety who must have landed property in Lagos. The guarantor is required to have three-year tax clearance in Lagos.

Fayose was arraigned before Justice Mojisola Olatoregun by the Economic and Financial Crimes Commission (EFCC) on charges of corruption. He is facing an 11-count charge bothering on receiving illegal monies to fund his 2014 governorship campaign in Ekiti State, among other allegations of benefiting from proceeds of money laundering.

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