Court Grants Sen Nwaoboshi Bail

23275

Justice Mohammed Idris of the Federal High Court sitting in Ikoyi, Lagos, on Friday, April 27, 2018, granted Sen. Peter Nwaoboshi, who represents Delta North in the National Assembly, bail on self-recognition.
Nwaoboshi, who was arraigned on April 25, 2018, is being prosecuted by the Economic and Financial Crimes, EFCC, for an alleged criminal offence bordering on money laundering and fraud to the tune of N805million.
He is charged alongside two companies namely : Golden Touch Construction Project Limited and Suiming Electrical Limited.
The defendant pleaded not guilty to the charge.
At the last sitting, the judge had deferred ruling on the bail application filed by the counsel to the defendant to today (April 27, 2018).
In his ruling today, Justice Idris granted the defendant bail on self-recognizance as a Senator of the Federal Republic of Nigeria.
The judge further ordered the defendant not to travel outside the country without obtaining permission from the court.
The defendant was also ordered to provide two sureties with N50m bond each, within the next 72 hours.
The sureties, who will be verified by the court ‘s registrar, must deposit their international passports to the court.
The case has been adjourned to June 7, 13, and 20, 2018, for the commencement of trial.

READ ALSO:   Buhari Salutes 20 Medical Doctors Lost To Covid-19, Mourns NKanga, Ajakpo

Subscribe to Our VIP Newsletter

Previous articleIsrael’s visit: Romanian President sacks PM
Next articleAppeal Court Affirms EFCC’s Rights on Andrew Yakubu’s Loot
Hamilton Nwosa

The New Diplomat stands for ethical journalism, press freedom, accountable republic, and gender-equity. That is why at The New Diplomat, we are committed to speaking truth to power, fostering a robust community of responsible journalism, and using high quality polls, data, and surveys to engage the public with compelling narratives about political, business, socio-economic, environmental, and situational dynamics in Nigeria, Africa, and globally. From our insightful reports of political issues to our riveting investigations and analyses of business, socio-economic, and cross-cutting sectors, The New Diplomat remains ever committed to investigative reporting and ethical journalism. Support and partner with The New Diplomat today, to guarantee a positive future for all under an atmosphere of free press!

LEAVE A REPLY

Please enter your comment!
Please enter your name here