Dr Femi Olaleye's bail requirements were reduced by a court in Ikeja, Nigeria, on Wednesday from N50 million to N40 million. Dr Olaleye is the medical director of the Optimal Cancer Care Foundation.
According to Prime9jaOnline, Justice Ramon Oshodi lowered the bail after the defendant's lead attorney, Babatunde Igala, SAN, filed a motion and requested that the court lower the defendant's bail to N10 million and that one of the sureties be a member of the defendant's family or a professional acquaintance.
The State Counsel, led by Babajide Martins, Director of the Department of Public Prosecution (DPP), did not raise any objections to the motion and left it up to the judge's judgement.
Ramon lowered the bail from N50 million to N40 million in his decision, along with two sureties in the same amount.
According to his decision, the sureties must be Lagos State property owners, and each property's worth must be equivalent to the N40 million bail amount.
“I have carefully considered the affidavits evidence and written submission filed on behalf of the defendant.
“However, I disagree that the bail term is varied on the terms dictated by the defence. I consider the appropriate issue for determination as this court exercises its discretion in favour of the defendant by varying the bail condition in the ruling of Nov. 30.
“The defendant is hereby admitted to bail in the sum of N40 million with two sureties in like sum. The sureties must be owners of build-up properties in Lagos State, and each property must be sufficient to cover the bail sum.
“Original title of the property documents must be submitted to the chief registrar of the court.
“Both sureties provide proper identification, including the national identification and must show evidence of tax payment to the Lagos State Government in the last three years,” the judge held.
Ramon also ordered the defendant to submit his Nigerian international passport, British passport and other valid document to the chief registrar of the court.
In his 17-paragraph affidavits dated Dec. 20, the defence counsel had prayed the court to review the bail condition of the defendant by granting him bail on liberal terms.
Prime9jaOnline reports that the defendant's wife, Aderemi Fagbemi-Olaleye, on Dec. 19, testified before the court that her husband was diagnosed with sex addiction.
Olaleye is facing two counts of defilement and sexual assault by penetration, contrary to Sections 137 and 261 of the Criminal Laws of Lagos State, 2015.
The case was adjourned until Jan. 3 for the continuation of trial.