Babalele was remanded in the EFCC custody by a Federal High Court sitting in Lagos, after he was granted bail, following his arraignment on allegation of money laundering.
The Nation reports that Babadele was released on Friday, August 16, after he was detained by a Federal High Court over money laundering allegation.
Before he was granted bail, the accused pleaded not guilty to the two-count charge of money laundering brought against him by the EFCC.
On the other hand, Atiku’s lawyer, Uyiekpen Giwa-Osagie and his brother, Erhunse Giwa-Osagie, arraigned by the anti-graft agency have not fulfilled their bail conditions.
Babadele was accused to have laundered a sum of $140,000 with the aide of one Bashir Mohammed, while the Osagies were charged for laundering $2 million. The three were all arraigned on Wednesday, August 14.