Latest
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.
ALSO SEE: EFCC arraigns Atlantic Energy boss, ex NNPC GMD, others for money laundering
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.
-
Football5 days agoBanda, Chawinga make 2026 Women’s Ballon d’Or top 30 shortlist
-
Featured5 days agoPeter Obi, Makinde and the 2027 elections: Can unity really challenge APC?
-
Business6 days agoNigerian Breweries’ H1 profitability strengthens as revenue hits N804bn
-
Business6 days agoNigeria records N12.59trn trade surplus in Q2 2026 — NBS
-
Latest7 days agoTinubu’s US legal battle: Group questions silence of elder statesmen
-
Energy4 days agoBrent crude tops $100: What higher oil prices mean for Nigeria
-
Latest6 days agoAkpabio courts northern youths for Tinubu’s reforms ahead of 2027
-
Featured6 days ago2027: Rivers ADC fires back at Wike, says boasts won’t decide elections