A Federal High Court sitting in Abuja has dismissed the application for bail filed by a former deputy governor of Osun State, Iyiola Omisore, for lack of competence.
Mr. Omisore is being prosecuted by the Economic and Financial Crimes Commission, EFCC, over a N1.3billion he allegedly got from the office of the former National Security Adviser, Sambo Dasuki.
EFCC had said its investigations showed that the former Senator received N1.3billion from funds pilfered from the office of the National Security Adviser to fund the campaign of Ekiti Governor, Ayodele Fayose, into office in 2014.
Mr. Omisore was arrested by the EFCC on July 3 in Abuja.
Justice Olukayode Adeniyi had during the last adjourned sitting of the court fixed today (Friday) for ruling on the bail application after listening to the lawyers to both Mr. Omisore and the EFCC.
Chris Uche who represented Mr. Omisore, had asked the court to vary the conditions of administrative bail granted to the former Senator by the EFCC or in the alternative grant him a fresh bail pending when the anti-graft agency is ready to charge him to court.
