A Federal High Court sitting in Abuja has granted the former Minister of Aviation, Chief Femi Fani-Kayode bail in the sum of N50m.  

Fani-Kayode was arraigned before Justice James Tsoho on Thursday by the Economic and Financial Crimes Commission (EFCC) on a five-count charge of money laundering to the tune of N26m.

While delivering his judgment, Tsoho granted the prayer of Fani-Kayode’s lawyer, Afedayo Adedipe (SAN), stating that the offence was bailable.

The judge fixed December 14, for the commencement of trial.

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