A Federal High Court sitting in Lagos has granted Abdullahi Babalele, the son-in-law of Atiku Abubakar, a former vice president, bail in the sum of N20 million.
Justice Nicholas Oweibo, the presiding judge, admitted Babalele to bail during proceedings of his case against the Economic and Financial Crimes Commission (EFCC) on Thursday.
Also granted bail was Uyiekpen Giwa-Osagie, Atiku’s lawyer, also in the sum of N20 million.
Justice Oweibo also ruled that the defendants must produce one surety in like sum, and that the surety must be a resident in Lagos State and must also produce evidence of means through an affidavit.
The EFCC had arraigned Babalele and Giwa-Osagie for allegedly laundering $140,000 in the build-up to the 2019 General Elections.
The case had generated an uproar, with some individuals and groups alleging that the EFCC was acting as a proxy for the Federal Government to curtail Atiku, the presidential candidate of the Peoples Democratic Party (PDP), during the 2019 presidential election.