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EFCC Grants Femi Fani-Kayode Administrative Bail

Farouk Mohammed
By Farouk Mohammed
Published: May 10, 2016
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Economic and Financial Crimes Commission (EFCC) has granted an administrative bail to the Director, Media and Publicity of the Peoples Democratic Party Presidential Campaign Organization, PDPPCO, Femi Fani-Kayode,

Fani Kayode was received by the anti-graft agency on Monday for questioning over the N2.5billion illegally withdrawn from the Central Bank of Nigeria (CBN) and paid into the accounts of six chieftains of the Peoples Democratic Party (PDP) and the Goodluck Support Group (GSG).

A source, who spoke in confidence, said Fani-Kayode gave information on his antecedents and how he came about the N840million.

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“After the preliminary interaction with the suspect, he was given an administrative bail. But he is yet to fulfill the required conditions”, said the source.

The source added: “I think Fani-Kayode might be transferred subsequently to Lagos to join his colleagues who have been interrogated by our team.

“He was granted an administrative bail but he has not been able to meet the conditions. We are hopeful that he will get the required sureties”.

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ByFarouk Mohammed
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Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
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