Court seizes Fayose’s International Passport, grants him N50m bail

Former Governor of  Ekiti State Peter  Ayodele Fayose, has been granted N50 million bail by the federal high court in Lagos. The court however asked him to deposit his international passport. His spokesman Lere Olayinka  tweeted “Fayose granted bail with the sum of N50m bond, surety to present three years tax clearance. International Passport to […]

Court seizes Fayose’s International Passport, grants him N50m bail

Fayose arrives court for bail hearing

Former Governor of  Ekiti State Peter  Ayodele Fayose, has been granted N50 million bail by the federal high court in Lagos.

The court however asked him to deposit his international passport.

His spokesman Lere Olayinka  tweeted “Fayose granted bail with the sum of N50m bond, surety to present three years tax clearance. International Passport to be deposited with the court.”

The immediate past Governor of Ekiti had on Monday, appeared before the court, charged with N30.8 billion fraud.

Fayose is being prosecuted by the Economic and Financial Crimes Commission (EFCC) alongside his company, Spotless Investment Ltd on an 11-count charge of N30.8 billion fraud.

He, however, pleaded not guilty to the charges.