Fayose Meets Bail Condition, Regains Freedom

Former Governor of Ekiti State, Ayodele Fayose, has regained his freedom after 13 days in custody of the Economic and Financial Crimes Commission.

Fayose, who is facing trial for alleged money laundering and abuse of office, walked into the commission’s head office in Abuja on October 16.

He was subsequently flown to Lagos and arraigned at a federal high court in Ikoyi. The court granted him a N50m bail on Wednesday.

He was asked to provide a surety with landed property in Lagos. His guarantor is also required to have three-year tax clearance in Lagos. Fayose reained his freedom yesterday evening.