The Federal High Court in Sokoto on Thursday granted N25m bail to a former deputy governor of Sokoto State, Alhaji Mukhtar Shagari , who was charged with an alleged fraud of N 500m .

Shagari’ s co -defendants equally got bail in the same sum.

The co- defendants are Senator Abdallah Wali; a Peoples Democratic Party governorship candidate in 2015, Alhaji Ibrahim Gidado ; a former Commissioner for Information , Alhaji Ibrahim Milgoma, and the PDP state chairman and treasurer of the party, Alhaji Nasiru Bafarawa.

Shagari and the others had been arraigned on Tuesday on five charges of money laundering by the Economic and Financial Crimes Commission .

The anti - graft agency accused them of receiving N500m from a former Minister of Petroleum Resources , Diezani Alison- Madueke , in the build- up to the 2015 general elections .

Ruling on the defendants’ bail applications on Thursday, Justice Idrissa Kogo said they were to produce two sureties , who must be civil servants on Grade Level 13 and must reside within the jurisdiction of the court.

The sureties , the judge said , must also be owners of landed properties worth the bail sum.

The judge ordered the defendants to deposit their passports in the court’ s custody pending the conclusion of the case.

The judge , however , said the defendants should be remanded in the prison custody until they were able to meet the bail conditions.

He adjourned till July 5, 2018, for trial.

http://punchng.com/alleged-n500m-fraud-shagari-others-get-n25m-bail/

As if it will take effect.

Okay

#BringBackOurMoney

Is that all?

One Day, It Will Be The Turn Of All APC People To Return That Which They Also Stole ....