ADVERTISEMENT
  • Home
  • About us
  • Contact us
Friday, December 5, 2025
TheScript Nigeria
  • Home
  • International News
  • Local
  • Press Release
  • Economy
  • Crime
  • Business and Finance
  • Education
  • Guest Column
No Result
View All Result
  • Home
  • International News
  • Local
  • Press Release
  • Economy
  • Crime
  • Business and Finance
  • Education
  • Guest Column
No Result
View All Result
TheScript Nigeria
No Result
View All Result
Home Crime

N3.1b Money Laundering: Court Grants Okorocha N500m Bail, Sets November 7 for Trial

thescript by thescript
June 1, 2022
in Crime
0 0
0
N3.1b Money Laundering: Court Grants Okorocha N500m Bail, Sets November 7 for Trial
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Justice Inyang Ekwo of the Federal High Court, Abuja on Tuesday, May 31, 2022, granted bail to a former governor of Imo State, Senator Rochas Okorocha.

Okorocha was arraigned on Monday, May 30, 2022, alongside Anyim Nyerere (a.k.a Anyim Chinenye), Naphtali International Ltd, Perfect Finish Multi Projects Ltd, Consolid Projects Consulting Ltd, Pramif International Ltd and Legend World Concepts Ltd on 17-count charge of stealing, conspiracy and money laundering to the tune of N3,147,000,000.00(Three billion, One Hundred and Forty Seven Million Naira).

At today sitting, counsel for the first defendant, Oke, Amaechi, SAN, prayed the court to grant the defendant bail, arguing that it is his constitutional right.

But counsel for the prosecution, Cosmos Ugwu  had opposed the bail application  on the grounds that the first defendant did not keep the terms of the administrative bail granted him by the Commission.

In granting the bail, Justice Ekwo stated that granting bail was the discretion of the court. The judge then granted the first defendant bail in the sum of N500m with one surety.

The surety must be a responsible citizen and own landed property, with verified Certificate of Occupancy within the jurisdiction of the court. The C of O of the property and the international passport of the first defendant are to be deposited in the court registry. The first defendant will also not travel without the permission of the court.

Furthermore, Justice Ekwo ordered that the second defendant should continue with the terms of the administrative bail offered to him by the EFCC.

The case was adjourned till November 7, 8, 9, 10, and 11for commencement of trial.

Wilson Uwujaren

Head, Media & Publicity

31 May, 2022

Recommended

From Yadudu to Mohammed: The Seamless Handing Over at FAAN

FAAN Shuts Down KFC Outlet At MMIA

2 years ago
Who Becomes Next PDP Chairman?

Who Becomes Next PDP Chairman?

8 years ago

Popular News

    Connect with us

    • Home
    • About
    • Contact
    • Terms of use
    Email Us: publisher@thescript.com.ng

    © 2021 TheScript Nigeria -Providing quality news and information that improves the quality of life.

    No Result
    View All Result
    • Home
    • International News
    • Local
    • Press Release
    • Economy
    • Crime
    • Business and Finance
    • Guest Column
    • Education

    © 2021 TheScript Nigeria -Providing quality news and information that improves the quality of life.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.