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Thursday, June 16, 2011

Bankole, Nafada get tough bail conditions

A Federal Capital Territory High Court on Thursday granted bail to the former Speaker of the House of Representatives, Mr. Dimeji Bankole, and his erstwhile deputy, Mr. Bayero Nafada.
It, however, gave them tough bail conditions.
They had been arraigned on Monday by the Economic and Financial Crimes Commission on a 17-count charge of allegedly obtaining loans from two commercial banks and using same to unlawfully raise the remuneration of members of the House in violation of extant regulations on public officers‘ pay.
They were arraigned at the FCT High Court after a Federal High court in Abuja granted bail to Bankole, who had been arraigned last week on a separate 16-count charge.
On Thursday, Justice Suleiman Belgore granted Bankole and Nafada bail in the sum of N50 million and two sureties in like sum.
The judge said the sureties must be civil servants not lesser than permanent secretaries and who must be living in Abuja.
The case was adjourned till July 19 for further hearing.
By Agency Reporter                          Courtesy Of: Punch

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