JUST IN…. Fayose to remain in EFCC custody as bail application fails

The embattled ex-Ekiti State Governor, Ayodele Fayose, has appeared before a Federal High Court, Lagos, charged with N30.8 billion fraud.

The former governor facing an 11-count charge of N30.8 billion fraud against him by the Economic and Financial Crimes Commission (EFCC) alongside his company, Spotless Investment Ltd.

Fayose on Monday pleaded innocence of the offences. After the arraignment of the accused, the defense counsel, Kanu Agabi (SAN), who is a former Attorney General of the Federation (AGF), informed the court of a motion on notice for the bail of the accused.

He told the court that same had been served on the prosecution. In response, the EFCC prosecutor, Rotimi Oyedepo, confirmed service of the bail application, but told the court that he required time to reply.

Justice Mojisola Olatoregun, consequently, adjourned the case until October 24 for the hearing of the bail application. Meanwhile, following a plea by defense counsel on the temporary remand of Fayose, the court ordered that he be remanded in custody of the EFCC pending bail.