A federal High court in Abuja Nigeria has grants ex-pension boss Alhaja Mains a sum of N1bn bail
A Federal High Court sitting in Abuja Nigeria has granted bail in the sum of N1bn to the former chairman of the defunct pension reform task team, Abdulrashid Maina.
Mr Maina had arrived at the Federal High Court, Abuja, with the aid of a walking stick.
Also, Alhaja Maina, who came into Court 6, 2nd Floor of the building, at about 9:40am, supported himself with a walking stick.
The sureties must also have fully developed landed property in Maitama or Asokoro district of Abuja.
According to the court ruling, the sureties must also submit 3-years tax clearance certificates and must appear at all further court rulings with the 1st defendant.
The court also noted that the sureties must file an affidavit to show they can pay the penance sum.
It was also stipulated in the ruling that the residence of sureties must be in Abuja and would be confirmed by the court.
The trial judge, Justice Okon Abang in his ruling stressed that if any surety does not show up for rulings, the court would be at liberty to revoke bail and the defendant would be remanded accordingly.
He said the defendant was required to submit his American passport, Nigerian passport and diplomatic passport if any.