The Economic and Financial Crimes Commission, EFCC has granted former spokesman of the Goodluck Jonathan campaign group, Femi Fani-Kayode, bail in the sum of N250m.
Justice Muslim Hassan granted the bail with two sureties in like sum and ordered Fani-Kayode to deposit his passport in the custody of the court pending the outcome of the case.
The sureties, the court said, must be owners of landed properties within the court’s jurisdiction.
They were also to present evidence of tax clearance in the state.
But the four defendants pleaded not guilty to the charges.
The EFCC has, however, listed 17 witnesses it intends to call during trial to substantiate its allegations.
Justice Hassan adjourned till October 19, 2016 for the prosecution to open its case.
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