The Osun State High Court sitting in Osogbo has granted bail to the immediate past acting Vice Chancellor of the Obafemi Awolowo University,Prof. Anthony Elujoba; andthe Bursar, Aderonke Akeredolu.

The two defendants are standing trial on a seven-count charge ranging from alleged stealing, intent to steal, and misappropriation of funds to abuse of office.

Justice David Oladimeji, in his ruling on the application for bail, said he granted Elujoba bail on self-recognisance, while Akeredolu was granted bail in the sum of N50 million and two sureties in like sum.

The two sureties must be either members of the academic or non-academic staff of the university with the highest grade and must submit two passport photographs and a verifiable address to the Chief Registrar of the Osun State High Court.

The court also ordered the Economic and Financial Crimes Commission (EFCC) to return the international passport of the first defendant and deposit it with the Chief Registrar of the court, while ordering that the first defendant must not travel out of the country except on the order of the court.

The judge however condemned what he termed as the unruly and uncivilised behavior of the union members and students of the institution at the last court sitting.

In the meantime, the students and unions are jubilating on the streets of Osogbo over the release of Elujoba.

The case has been adjourned toOctober 27, 2017. (Channels TV)