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The Federal High Court, Abuja has granted Femi Fani-Kayode bail in the sum of N50 million and one surety in like sum. The court, however, remanded him in Kuje Prison pending the perfection of his bail condition.
Fani-Kayode was arraigned by the Economic and Financial Crimes Commission (EFCC) before Justice John Tsoho on a fresh five-count charge bordering on money laundering.
The ex-aviation minister was accused of allegedly collecting N26 million from the office of the former National Security Adviser, Sambo Dasuki and using the money for media campaign.
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