Finally Chief Femi Fani-Kayode who's been tried by EFCC has being granted bail by a Federal High Court in Lagos.
Justice Muslim Hassan granted bail to Fani-Kayode based on sureties in like sum (N250m) and ordered him to deposit his passport 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. He was also to present evidence of tax clearance in the state.
Also admitted to bail in the same conditions were a former Minister of State for Finance, Nemandi Usman, and one Danjuma Yusuf, who were standing trial along with Fani-Kayode.
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