The Federal High Court has granted embattled former governor of Ekiti state, AYO FAYOSE, bail to the tune of 50 million Naira.
The former governor is on trial for money laundering and abuse of office.
Presiding judge, MORENIKEJI OLATOREGUN, granted the a few hours ago, adding that he must provide two sureties who must issue a 50 million Naira bond in a reputable bank, as well as possess three years’ tax clearance.
She also directed that the former governor must deposit his international passport with the court.
The Economic and Financial Crimes Commission, EFCC had on Monday arraigned FAYOSE on 11 counts of alleged money laundering, amounting to 2.2 billion Naira.
The trial has now been adjourned till November 19.