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.”
BREAKING:
Fayose granted bail with the sum of N50m bond, surety to present three years tax clearance.International Passport to be deposited with the court.
— Lere Olayinka – Aresa 1 (@OlayinkaLere) October 24, 2018
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.
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