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    Lagos court grants Fayose N50m bail

    Chronicle EditorBy Chronicle EditorOctober 24, 2018No Comments1 Min Read
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    EFCC have sealed Ayodele Fayose's property in Ado-Ekiti
    Former governor Ayodele Fayose
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    Ayodele Fayose has been granted N50 million bail by a Federal High Court in Lagos
    Ayodele Fayose has been granted N50 million bail by a Federal High Court in Lagos

    Former governor of Ekiti state, Ayodele Fayose has been granted a N50 million bail by a Federal High Court in Ikoyi, Lagos.

    Fayose and his company Spotless limited were today arraigned before the court by Economic and Financial Crime Commission (EFCC) on eleven count criminal charge of breach of trust and stealing of N4,614,750,000 and $5million.

    To perfect his bail, he would provide a surety who must have landed property in Lagos. The guarantor is also 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 arrived at the court premises on Wednesday around 9am, escorted by armed security operatives and officials of the EFCC.

    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 laundering.

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    Police nab church member over kidnap of two Catholic Priests in Adamawa

    Police bust human trafficking syndicate, rescue 40 Ghanaians in Ondo 

    July 5, 2025
    Adeleke denies defection rumours

    Adeleke not defecting to APC, Osun PDP declares

    July 5, 2025
    Tiwa Savage marks 12 years of debut album ‘Once Upon a Time’

    Tiwa Savage marks 12 years of debut album ‘Once Upon a Time’

    July 5, 2025
    Nine-man PSG stun Bayern to reach Club World Cup semis

    Nine-man PSG stun Bayern to reach Club World Cup semis

    July 5, 2025
    NLC threatens to shut down Abuja after July 3 over unpaid wages

    NLC vows protest if NASS attempts to decentralise minimum wage

    July 5, 2025
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