N109bn embezzlement: Ex-accountant preferred, others relaxed bail
A High Court of the Federal Capital Territory in Abuja on Thursday granted a N5bn bail bond to the embattled former Accountant-General of the Federation, Ahmed Idris, with sureties.
The sureties should be a permanent secretary and director within the federal civil carrier.
The court also granted different co-defendants, Godfrey Akindele and Mohammed Usman bail bonds of N2bn every with directors every in the federal civil provider.
Justice Jadesola Adeyemi-Ajayi, even as handing over ruling at the bail application, stated in spite of the allegations in opposition to the defendants inside the count number, they had been entitled to bail.
According to the choose, the bail turned into admitted upon the phrases and situations given to them of their preceding administrative bails by the Economic and Financial Crimes Commission.
The court, however, warned that the defendants should no longer tour out of the Federal Capital Territory and should they try to achieve this with out the information of courtroom, they would have their bail packages revoked.
Justice Adeyemi-Ajayi additionally warned that the defendants need to now not procure any exchange passport having deposited their passports with the EFCC and if such is executed the court can have their bails revoked.
The decide ordered that the defendants be remanded in Kuje Custodial Centre until their bail conditions are perfected.
Idris along Akindele, Usman and Gezawa Commodity Market and Exchange Limited were arraigned by the EFCC on July 22 on a 14-matter fee of stealing and crook breach of believe to the tune of N109 bn.
Counsel for the previous Accountant-General, Chief Chris Uche (SAN), expressed satisfaction with the bail granted his patron and promised to obey the bail situations.
During the trial, a witness and investigator with the EFCC, Hayatudeen Ahmed, narrated how four corporations shared N84.39bn.
He also instructed the court how the former AGF and Usman procured properties in Abuja and Minna, Niger State.
Justice Adeyemi-Ajayi adjourned until August 10 and eleven for continuation of listening to
Punch