A High Court of the Federal Capital Territory in Maitama, Abuja on Friday dismissed the bail application filed by a former govenorship candidate of the Peoples Democratic Party in the 2014 election in Osun State, Iyiola Omisore.
Omisore was arrested on July 3 and has since then been detained in the custody of the Economic and Financial Crimes Commission over alleged criminal investigation in relation to about N1.3bn of the Office the National Security Adviser’s fund traced to him.
Justice Olukayode Adeniyi in a ruling on Friday held that the bail application was incompetent because it was filed during the period when an order obtained by the EFCC from another judge of the High Court of the FCT, Justice J.O Okeke on July 8, was still valid.
Justice Adeniyi held that the only option open to Omisore was to await the expiration of the remand order which had a lifespan of 14 days to renew his application for bail.
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