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Just In: Court grants Adoke bail
They were granted bail on the term and conditions already granted by Justice Idris Kutigi of the FCT high court sitting in Gwagwalada.
Alleged money laundering: Court stands down ruling in Adoke’s bail plea to 2pm
The ruling by Justice Nyako on Monday was in respect of their arraignment earlier on Monday on a six-count charge of money laundering and related offences, brought by the Economic and Financial Crimes Commission (EFCC).
The Nation reports that the High Court of the FCT, presided over by Justice Abubakar Kutigi, had in a ruling on January 30 this year, granted bail to Adoke and Abubakar at N50million and a surety each.
Each of the sureties, Justice Kutigi said, must be resident in Abuja and has property in Abuja which must worth the bail sums imposed on the defendants individually.
The defendants were also to deposit their travel documents with the court and must not travel outside the court’s jurisdiction without its permission.
Justice Nyako adopted these convictions in her ruling a moment ago.