A Federal High Court in Abuja today granted bail to a
former governor of Adamawa State, Murtala Nyako, and his son, Abdul-Aziz, and
others being prosecuted along with him for about N29bn fraud charges.
The bail was granted to the four accused persons in the sum
of N350m each with each of the four accused persons required to produce two
sureties each or one surety who must be a serving director in any Federal
Government establishment.
The sureties to be produced must also have landed property
in the Abuja Municipal Area Council, which the court ordered must be verified
by the court bailiff.
The sureties are also expected to swear an affidavit of
means.
Justice Evoh Chukwu, who in a ruling dismissed the objection
of the Economic and Financial Crimes Commission on Friday, also ordered the
accused persons to deposit their passport and other travel documents with the
court registrar.
The judge had on Wednesday remanded the accused persons in
the custody of the Economic and Financial Crimes Commission upon their
arraignment on 34 counts of money laundering and fraud instituted against
them.
Nyako, who was removed as Adamawa State Governor by the
state House of Assembly on July 15, 2014, was arraigned along with his son,
Abdul-Aziz, and others comprising, Zulkifikk Abba, Abubakar Aliyu as well as
five firms.
Abdul-Aziz is the senator representing Adamawa Central in
the National Assembly.
They were arraigned before Justice Evoh Chukwu for fraud
amounting to N29,099,430,879.92.
Other firms arraigned along with Nyako and his son were Blue
Opal Limited, Sebore Farms and Extension Limited, Pagoda Fortunes Limited,
Tower Assets Management Limited and Crust Energy Limited.
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