Court Grants Bail To Bizman Detained By EFCC For Over A Month
Justice Lewis Allagoa of a Lagos Federal High Court, on Friday, granted bail to a businessman, Abayomi Kamaldeen Alaka, who has been in the custody of the Economic and Financial Crimes Commission (EFCC) since November 16, 2021, in the sum of N100 million with one surety in the like sum.
Justice Allagoa admitted bail to the detained man, after granting a motion Exparte filed and argued by his Counsel, Mr. Olalekan Ojo (SAN).
He had therefore asked the court for an interim order directing or releasing him forthwith from from the respondents’ detention, pending the hearing and determination of his substantive suit against the respondents.
At the hearing of the Exparte motion on November 8, the presiding judge, declined granting the application but ordered the EFCC to show cause Friday, why the application should not be granted.
He therefore adjourned the matter till Friday.
At the resumed hearing of the motion, Ojo (SAN) told the court that at the last hearing of the Exparte motion, the court did ordered the respondents to show cause why the applicant should not be released in the interim.
However, the EFCC’s counsel, M. M. Anana, told the court that his agency had responded to the application by the counter-affidavit filed to the substantive suit.
The applicant’s counsel, Mr. Ojo (SAN) in opposition to the EFCC response, said what the court did ordered the Commission was to ‘show cause why his Client, should not be released, not a counter to the substantive suit.
Consequently, Mr. Ojo (SAN) urged the court to exercise it’s discretion in ordering the interim release of his Client.
Ruling on the application, Justice Allagoa granted the application and granted bail to the applicant in the sum of N100 million with one surety in like sum.
Justice Allagoa ordered that the surety who must be gainfully employed, must be owner of landed property within the Court’s jurisdiction and that the bail terms should be verified by the Court’s registry.