December 31, 2008
A Lagos high court today granted Femi Fani-Kayode bail for N200 million, with proviso that he provides two sureties worth the same amount.
Fani-Kayode, former aviation minister, spent last Christmas in Ikoyi Prison, Lagos, following an order of a Federal High Court remanding him in prison custody, after he was arraigned on a 47-count charge of receiving cash in excess of N500,000 and paying same into his personal investment account, and laundering over N231 million.
googletag.cmd.push(function() { googletag.display('comments'); });
googletag.cmd.push(function() { googletag.display('content1'); });
googletag.cmd.push(function() { googletag.display('content2'); });