Femi Fani- Kayode, Secures Freedom With N50m Bail Charge

A former Minister granted of Aviation, Mr. Femi Fani- Kayode, on Thursday was granted bail by an Abuja based Federal High Court to in the tune of N50m after he was arraigned on five counts of N26m fraud.

According to EFCC Fani- Kayode allegedly diverted N26m received from the Office of the National Security Adviser under Col. Sambo Dasuki (rtd).

However, the presiding judge Justice Tsoho has granted the PDP Chieftain bail in the sum of N50m with one surety. In the same light, the court directed the accused to deposit his passport with the court registrar pending the conclusion of his trial.

Fani-Kayode reportedly met the conditions before leaving the court premises on Thursday. The matter was adjourned till December 14 as the trial kicks-off.

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