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Fayose Gets Bailed for 50 Million Naira
Posted On 24th October, 2018. Former Ekiti State Governor, Ayodele Fayose, has been granted N50 million bail by a Federal High Court in Lagos. The presiding judge, Justice Mojisola Olatoregun, had on Monday adjourned hearing of his bail application till Wednesday after Fayose pleaded not guilty to an 11-count charge. “Consequently, the judge granted Fayose bail in the sum of N50 million with one surety who must own a landed property in Lagos. The surety who must possess three years tax clearance and must also secure a bond of N50 million from a reputable bank which would be forfeited if Fayose jump bail, was also ordered to swear to an affidavit not to tamper with the witnesses and should deposit his international passport with the Chief Registrar of the court. Thereafter, Olatoregun adjourned till 19th of November, 2018 for trial to commence.