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Updated: Court grants Maina N500 Million bail

January 28, 2020
in Latest Nigeria News, Nigeria News
Updated: Court grants Maina N500 Million bail
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The Federal High Court in Abuja has varied the bail bail terms and conditions of former chairman of Pension Reforms Task team, Abudlrasheed Maina to the tune of five hundred million naira.

Mr Maina must also produce one surety who must be a Nigerian and a serving Senator, who must not be standing any criminal trial in court.

The Senator must have fully developed landed property in any of these areas: Kamtape, Central Business District, wuse 2, Maitama and Asokoro.

The surety shall come to court with the defendant at all adjourned date and shall sign the register open for him and go back to his business

READ ALSO: Alleged pension fraud: Maina back in court for ruling on bail variation application

Recall that Abdulrasheed Maina was arraigned on 25th October 2019 by the Economic and financial Crimes Commission on 12 counts charge of money laundering

He was admitted to bail on 25th November in the sum of 1 billion naira.

Mr Maina was ordered to produce two sureties who must be serving senators and according to court, must not be standing any criminal trial in any court in the country.

 

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