Justice Ahmed Mohammed of an Abuja Federal High Court yesterday admitted to bail former acting Governor of Adamawa State, Ahmadu Fintiri, in the sum of N500m.
Fintiri was on Thursday arraigned by the Economic and Financial Crimes Commission (EFCC) on a five-count charge bordering on money laundering.
Justice Ahmed Mohammed in a ruling on the bail application held that the prosecution failed to show reasonable cause why the defendant would not be granted bail.
The judge rejected the claim of the prosecution led by Mr. peters Aso that the former governor will jump bail if granted adding that the claim cannot be sustained because the defendant did not jump the administrative bail granted him by the Economic and Financial Crimes Commission (EFCC).
Part of the bail conditions are that the defendant shall produce sureties in like sum with prove of property ownership in Abuja.
The sureties are also to deposit title deeds of the property with the court alongside two recent passport photographs.
The defendant shall also deposit his international passport with the court and can only travel outside the country upon receipt of permission of the court.
Subsequently, the trial has been adjourned till October 6 by Justice Mohammed.
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