Mr Abdullahi Babalele, son-in-law of Alhaji Atiku Abubakar, Peoples Democratic Party (PDP) presidential candidate got a temporary relief on Thursday as a Federal High Court in Lagos, granted him bail.
Justice Nicholas Oweibo admitted Babalele to bail for N20million with one surety in like sum after the Economic and Financial Crimes Commission (EFCC) arraigned him on Wednesday for allegedly laundering $140,000 during the 2019 general election.
While ruling on his bail application, the judge ruled that the surety must be resident in Lagos and must produce evidence of means through an affidavit.
The court also directed Babalele to deposit his passport with the court.
The passport had been with the prosecution. Babalele, however, pleaded not guilty.
The commission also arraigned Atiku’s lawyer, Uyiekpen Giwa-Osagie and his brother Erhunse Giwa-Osagie, on a separate charge of laundering $2million.
They were also remanded pending bail.
More to come……….
© Copyright DNL Legal & Style 2017.
This piece may only be copied on the condition that DNL Legal & Style is duly acknowledged in this manner: “Source: DNL Legal & Style. View the original