The Federal High Court sitting in Ibadan, Oyo State, on Thursday granted bail to a former Minister of FCT, Oloye Jumoke Akinjide, Senator Ayo Adeseun, over N650 million allegedly collected during the 2015 general election.
Other granted bail is Olanrewaju Otiti, a chieftain of the Peoples Democratic Party (PDP).
The defendants are being prosecuted on an amended 12-count charge bordering on money laundering.
At the sitting today, Akinjide’s counsel informed the court that they had a pending bail application praying the court to grant the defendant bail on self-recognition.
The counsel further informed the court that they were at a stage of settlement with the EFCC.
Justice J. O. Abdul Malik admitted Akinjide to bail on self-recognition, while bail was granted to Adeseun and Otiti in the sum of N100 million each with one each surety in like sum.
The case was adjourned to September 12, 2017 for commencement of trial.