Top Stories

Breaking: Court Grants ₦10 Billion Bail To Ex-Power Minister, Mamman

The Federal High Court in Abuja on Friday granted bail to former Minister of Power, Saleh Mamman, in the sum of ₦10 billion with stringent conditions attached.

 

Mamman, who is facing a 12-count charge of alleged involvement in an ₦33 billion fraud, was previously remanded in Kuje prison.

Advertisement

 

Justice James Omotosho, presiding over the case, stipulated that the defendant must provide two sureties owning landed properties worth at least ₦750 million each within the Federal Capital Territory (FCT), Abuja.

Advertisement

The sureties are also required to present a three-year tax clearance certificate and swear an affidavit of means, alongside submitting their recent bank statements and passport photographs.

Further tightening the bail conditions, Justice Omotosho directed that Mr Mamman surrender his international passport to the court’s registrar, who must verify all documents before his release from custody.

Advertisement

Alternatively, the court allowed for a bank guarantee or bond of ₦10 billion if suitable sureties were not forthcoming.

The trial has been adjourned to September 25, as the court awaits the perfection of the bail conditions.

Advertisement

During his plea for bail, Mr Mamman, through his lead counsel Mr Femi Ate, SAN, argued that his continued detention was unnecessary given his compliance with previous administrative bail terms set by the Economic and Financial Crimes Commission (EFCC) over two years ago.

He assured the court of his presence at all future hearings and non-interference with witnesses.

Advertisement

Responding, the EFCC’s lawyer, Mr A.O. Mohammed, did not oppose the bail request but emphasized the necessity of ensuring Mr Mamman’s attendance at his trial.

The allegations against Mr Mamman involve the misappropriation of ₦22 billion earmarked for the Zungeru and Mambilla Hydro Electric Power projects.

Advertisement

The funds were allegedly diverted to acquire assets domestically and internationally.

Advertisement
citynews

Recent Posts

Digital Transformation: Maida, Kekere-Ekun Speak At NCC’s Annual Workshop for Judges in Lagos

Welcome Address Delivered at the 2024 Edition of the Judges Workshop at Sheraton Hotel Ikeja,…

4 hours ago

Breaking: House Of Reps Finance Committee Visits FIRS

The House of Representatives Finance Committee has paid a working visit to the headquarters of…

6 hours ago

BREAKING: Tinubu govt drops treason charges against EndBadGovernance protesters

  The Federal High Court in Abuja has dismissed the treason charges brought against the…

10 hours ago

#USRoadToWhiteHouse2024: Trump-Harris polls remain tied in battleground states…

What to know about the end of the #USElection2024 campaign The most recent polling analysis…

10 hours ago

#USElection2024 Live Updates: Trump Vs Harris…Latest Results…Latest Polls

#US election 2024 Live Updates:  What you need to know about USelection2024 latest polls •…

10 hours ago

Prince Harry and Meghan Markle pursue separate projects

A royal commentator suggests that Prince Harry and Meghan Markle are taking separate paths in…

12 hours ago