Ayodele Fayose, former governor of Ekiti state, has lost out in his bid to be granted bail by the Federal High Court in Lagos.
This follows his arraignment on Monday by the Economic and Financial Crimes Commission (EFCC), on an 11-count charge bordering on abuse of office and embezzlement.
Fayose pleaded not guilty when the charges were read to him, and subsequently, Kanu Agabi, his counsel, filed a bail application on his behalf but Mojisola Olatoregun, the presiding judge, said the application would be considered later since he is entitled to bail.
She ordered that Fayose should remain in EFCC custody till Wednesday.
The former governor had submitted himself at the head office of the commission in Abuja on Tuesday and has been in custody since then.
He was flown to Lagos on Sunday and brought to the court amid heavy security presence, with his supporters milling about.
Though many of his supporters could not gain access to the court, Femi Fani-Kayode, former minister of aviation, was in court to support him.