Fayoses trial starts November, gets bail
News & Trends •
mr rotimi jacobs san prosecuting for efcc countered on the ground that the day fayose appeared in efcc abuja he came with a lot of hoodlums that nearly attacked the efcc operatives before they were repelled1 former ekiti governor ayodele fayose was granted bail this morning over the n30.8 billion fraud charge slammed on him by the economic and financial crimes commission1 fayose was docked at the federal high court in lagos on monday alongside his company spotless investment ltd on an 11-count charge of n30.8 billion fraud1 he pleaded not guilty to the charge1 his lawyer kanu agabi san moved a motion for his bail after which the judge ordered fayoses remand in efcc custody and adjourned hearing till today1 justice olatoregun heard the arguments by agabi and efcc counsel rotimi jacobs today1 agabi a former federal attorney-general urged the court to grant fayose bail on the ground that he voluntarily submitted himself to efcc a day after leaving office as governor of ekiti state1 in addition he said fayose has no criminal record1 his trial will start on 19 november justice mojisola olatoregun ruled1 he was probably to the crowd that included governor nyesom wike and former aviation minister femi fani-kayode1 rotimi also told the court that investigation is still ongoing to trace some of the properties bought by fayose with the stolen money and if granted bail he will scuttle investigation1 justice mojisola olatoregun said since the offence alleged to have been committed is a bailable offence she was inclind to grant fayose bail1 she thus granted fayose bail in the sum of n50million with one surety who must own a landed property in lagos1 the surety must possess three years tax clearance and must also secure a bond of n50million from a reputable bank which will be forfeited if fayose jumps bail1 fayose was also ordered to swear to an affidavit not to tamper with the witnesses and should deposit his international passport with the chief registrar of the court1 thereafter she adjourned the trial till 19th of novenber 20181