Money laundering: Atiku’s son-in-law gets N20m bail

Money laundering: Atiku’s son-in-law gets N20m bail

- Justice Oweibo has granted bail to Abdullahi Babalele, son-in-law of the PDP's presidential candidate Alhaji Atiku Abubakar

- Oweibo admitted him to bail for N20 million with one surety in like sum

- Recall that the EFCC had recently arraigned Babalele for allegedly laundering $140,000 during the 2019 general elections

The Federal High Court in Lagos on Thursday, August 15, granted bail to Abdullahi Babalele, son-in-law of the Peoples Democratic Party (PDP) presidential candidate Alhaji Atiku Abubakar.

Justice Nicholas Oweibo admitted him to bail for N20 million with one surety in like sum.

Going further, the judge ruled that the surety must be resident in Lagos and must produce evidence of means through an affidavit.

Consequently, Babalele was directed to deposit his passport, which has been with the prosecution, with the court.

Recall that Legit.ng had reported that Babalele was arraigned by the Economic and Financial Crimes Commission (EFCC) over allegations of money laundering.

Specifically, the anti-graft agency arraigned him for allegedly laundering $140,000 during the 2019 general elections.

Babalele who pleaded not guilty to the charges was arraigned on a two-count charge before Justice Nicholas Oweibo.

The judge later ordered him to be be remanded in the custody of the EFCC pending the hearing of his bail application slated for Thursday, August 14.

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Legit.ng had also reported how the EFCC recently arrested Uyi Giwa Osagie a legal adviser to the PDP presidential candidate.

NAIJ.com (naija.ng) -> Legit.ng. We have upgraded to serve you better.

2019 Election: Atiku heads to court to contest election result, can he win? | Legit TV

Source: Legit

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