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Alleged Fraud: Court Grants Okorocha Bail

by Present Nigeria
May 31, 2022
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The Federal High Court in Abuja on Tuesday granted bail to a presidential aspirant and former governor of Imo State, Rochas Okorocha.

Justice Inyang Ekwo gave the order while ruling on the bail application filed by Okorocha who currently represents Imo West senatorial district in the National Assembly.

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The Judge granted bail in the sum of N500 million and a surety in like sum.

Justice Ekwo ordered that the surety to be produced by Okorocha must be a responsible citizen who has landed property in the like sum of the bail granted to the presidential aspirant.

The judge also directed Okorocha to deposit his international passport with the registry of the court and should not travel outside the jurisdiction of the court without the court’s permission.

Similarly, he ordered the court registry to inform the Nigeria Immigration Service that Okorocha’s international passport was in its custody.

Justice Ekwo, however, ordered that the former governor should remain in the custody of the Economic and Financial Crimes Commission (EFCC) until his bail conditions were met.

In his response, counsel to Okorocha, Okey Amaechi, informed the court that his client was ready to meet the bail conditions.

For Anyim, the court ruled that he should continue to enjoy the administrative bail earlier granted to him.

The former governor is being tried on a 17-count charge to the tune of N2.9 billion filed against him by the Economic and Financial Crimes Commission (EFCC).

He was accused of conspiring with others, including a member of the All Progressives Congress (APC) and five companies to steal from public coffers, although he has since denied any wrongdoing.

Okorocha was arraigned alongside his co-defendants on Monday by the antigraft agency before Justice Ekwo in the nation’s capital.

During their arraignment, the former governor, the second defendant – Nyerere Anyim, and the companies indicted all pleaded not guilty to the charges.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

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