The Federal High Court in Lagos has granted bail in the sum of N250m each to a former Minister of Aviation, Chief Femi Fani-Kayode, and ex-finance minister, Nenadi Usman, who are being tried by the Economic and Financial Crimes Commission for an alleged N4.9bn fraud.
Justice Muslim Hassan granted the bail with two sureties in like sum and ordered Fani-Kayode and Usman to deposit their passports in the custody of the court pending the outcome of the case.
The sureties, the court said, must be owners of landed properties within the court’s jurisdiction and must be tax payers
Justice Muslim Hassan granted the bail with two sureties in like sum and ordered Fani-Kayode and Usman to deposit their passports in the custody of the court pending the outcome of the case.
The sureties, the court said, must be owners of landed properties within the court’s jurisdiction and must be tax payers
posted from Bloggeroid
No comments:
Post a Comment