A Federal High Court in Lagos has granted bail to Abdullahi Babalele, a son-in-law of the Peoples Democratic Party, PDP, Presidential Candidate, Atiku Abubakar.
Justice Nicholas Oweibo admitted Babalele to bail on Thursday in the sum of N20million with one surety in like sum.
The judge said the surety must be resident in Lagos and must produce evidence of means through an affidavit.
The court also ordered Babalele to deposit his international passport, which has been with the Economic and Financial Crimes Commission, EFCC, with the court.
Babalele, however, would be remanded in the custody of the EFCC pending the perfection of the bail conditions.
The judge also in a separate case granted bail to Atiku’s lawyer, Mr. Uyiekpen Giwa-Osagie, and his brother, Erhunse, in the sum of N20million each with one surety in like sum.
He also held that the sureties must reside in Lagos and have landed property in the state.
In the meantime, the defendants would be released to their counsel pending the perfection of their bail terms which must be done with 14 days.
Trial in both cases has been fixed October 8.