Suspected N2 Billion Fraud: Court Varies Maina’s Bail Condition

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The Justice of Federal High Court, Abuja, Justice Okon Abang has amended the bail condition of former Chairman of the defunct Pension Reform Task Team, Dr. Abdulrasheed Maina.

While ruling on the bail variation application, the Justice ordered Maina to now produce one serving senator as a surety.

Justice Abang also said the senator must sign a bail bond in the sum of N500m. The court held that the senator must accompany Maina to court on any day of trial and must sign a register of attendance, after which the senator is free to go for his normal business.

The Justice also added that the senator must own a developed property with statutory certificate of occupancy in Katampe, Wuse 2, CBD etc.

The court had on 26th November, 2019, granted bail to Maina in the sum of one billion Naira (N1bn).

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

The court also ordered that the two sureties, who must be prepared for N500m bond each, and must always be in court with the defendant at each adjourned date of the trial.

Considering the bail term as impossible to meet, Maina in a motion on observe dated 6th December, 2019 applied for leave for variation of the bail condition.

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