JUST IN: Court Grants Atiku’s Son-in-Law N20m Bail in Lagos

0
Ikoyi Loot: Court Orders Permanent Forfeiture of Apartment to FG
Federal High Court Lagos

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……….

Send your press release/articles to: info@dnlpartners.com . Follow us on Twitter at @Dnl_Legalstyle and Facebook at DNL Legal and Style



© 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

ALSO READ   Court Remands 4 for Allegedly Stealing N1bn from Bank Customers

Leave a Reply