A former Minister of Aviation and spokesperson of the Peoples Democratic Party Presidential Campaign Organisation, Chief Femi Fani-Kayode, has been released from EFCC detention.
Fani-Kayode was released on Friday evening following the meeting and verification of his bail conditions.
The Economic and Financial Crimes Commission, which dragged him to court, verified the meeting of the bail conditions by Fani-Kayode.
He was dragged to court alongside another former Minister and Director of Finance of the PDPPCO, Nenadi Usman, for unlawful retention, unlawful use and unlawful payment of money to the tune of N4.9 billion.
The defendants, however, pleaded not guilty to the 17-count charge slammed on them by the EFCC.
Recall that in granting them bail, Justice Sule Hassan of the Federal High Court sitting in Lagos held that there was no evidence that the accused would interfere with trial if granted bail.
Hassan noted that denying the accused bail, especially as the courts prepare for vacation, would not serve the interest of justice.
Accordingly, he admitted Fani-Kayode and Usman to bail in the sum of N250 million each with two sureties each in like sum.
Hassan added that each of the sureties must show evidence of ownership of landed properties in Lagos and must submit their international passports at the court’s registry.
The judge further ordered that all the documents must be verified by the EFCC within seven days.
