The ex-governor of Ekiti State, Ayodele Fayose, is still in the custody of the Economic and Financial Crimes Commission (EFCC) and will spend the weekend in custody due to inability to meet his bail conditions before the close of work on Friday.
Fayose who is facing an 11-count charge of conspiracy and money laundering amounting to ₦2.2 billion was granted a N50 million bail on Wednesday by a judge of the Lagos Division of the Federal High Court, Mojisola Olatoregun.
The ex-governor was ordered to provide two sureties who must provide a N50 million bond in a reputable bank while also possessing a tax clearance of three years.
Fayose was also directed to surrender his international passport to the court.
The spokesperson of Fayose, Lere Olayinka, informed the media his principal met the bail conditions but the application came through after the judge closed for work.
“There are two questions. Has he met his bail conditions? The answer is yes. All the documents were brought to the court around 2 pm by that time the judge had left,” he said.
Olayinka added he was sure that Fayose will be released next Monday, at the start of the new working week.