Court rules on Omokore’s case
Justice Binta Nyako of a Federal High Court in Abuja has just granted a N50 million bail to Olajide Omokore and others arraigned before the court on a nine-count charge slammed against them by the Economic and Financial Crimes Commission (EFCC).
Omokore, an associate of former Minister of Petroleum, Diezani Alison- Madueke is standing trial along with others over allegation of money laundering.
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In her ruling on the bail application of the defendants, namely, Olajide Omokere, Atlantic Energy Brass Development Ltd, Atlantic Energy Drilling Concept Ltd, Victor Briggs, Abiye Membere and David Mbanefo, Justice Nyako said each of the defendant must produce a surety.
The surety must either be a senior civil servant or must have landed property.
She said the sureties must depose to an affidavit of means and that the defendants must also deposit their international passport with the court.