POLITICS

UPDATE: Fayose Finally Leaves EFCC Custody

Ayodele Fayose, the immediate past governor of Ekiti state, has now been released from the Ikoyi prison where he was remanded over the case of money laundering and abuse of office leveled against him by the anti-graft Economic and Financial Crimes Commission, EFCC.

He had submitted himself to the EFCC at the expiration of his tenure on October 16.

His arraignment took place before the
federal high court in Ikoyi.

The court granted him a N50
million 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. He could not fulfil his bail condition immediately.

This afternoon, Lere Olayinka, spokesman of the former governor, announced the release of Fayose.

On his Twitter handle, Olayinka said the former governor will return to court on November 16.

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