Ex-Governor Of Ekiti State, Ayo Fayose Granted Bail Of N50million From EFCC Custody
The Lagos division of the Federal High Court sitting in Ikoyi has granted a N50 million bail bond to former Ekiti State governor, Ayodele Fayose.
Fayose is facing an 11-count charge which includes receiving money illegally to fund his 2014 governorship campaign, among other allegations of benefitting from proceeds of money laundering.
When he was first arraigned before the court on Monday, October 22, 2018, the outspoken former governor pleaded not guilty to all the charges and pressed for bail. In his second appearance before the court on Wednesday, October 25, the presiding judge, Justice Mojisola Olatoregun, granted him bail while directing him to submit his international passport with the court.