An FCT High Court, sitting in Maitama, Abuja, and presided over by Justice Peter Afem, has granted former Minister of State for Finance, Bashir Yuguda; former National Security Adviser, Colonel Sambo Dasuki ( rtd) and four others bail in the sum of N250m each.
The others granted bail are former governor of Sokoto State, Attahiru Bafarawa; his son, Sagir Bafarawa; former director of Finance in the office of the NSA, Shuaibu Salisu; and Dalhatu Investment Limited.
The accused persons are being prosecuted by the Economic and Financial Crimes Commission, EFCC, on a 22-count charge bordering on conspiracy, bribery, abuse of office and criminal breach of trust to the tune of N28.3bn.
Justice Afem had, at the last sitting on Wednesday, December 16, 2015, fixed ruling on the bail application today, after listening to the motion for bail moved by counsel to the defence as well as the prosecution’s counter affidavit.
In his ruling today, Justice Afem granted the defendants bail in the sum of N250m each with two sureties in like sum.
The sureties must be serving or retired civil or public servant of the rank of director, with proof that they have the wherewithal to provide the said sum in the event of the defendants jumping bail.
Each of the sureties must be resident within the jurisdiction of court and their counsel must recommend in writing that the sureties are of good standing.
The defendants must also submit their international passports to the court.
Justice Afem ordered the defendants to be remanded in Kuje Prison pending the fulfillment of their bail conditions.
The matter was adjourned to February 2, and 3, 2016 for the commencement of trial.