After weeklong detention in the custody of Nigeria's anti-graft agency, the Economic and Financial Crimes Commission, former Speaker of Nigeria's parliament, Dimeji Bankole, has been granted bail.
After weeklong detention in the custody of Nigeria's anti-graft agency, the Economic and Financial Crimes Commission, former Speaker of Nigeria's parliament, Dimeji Bankole, has been granted bail.
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Justice Donatus Okorowa overuled objections by the prosecution counsel, Festus Keyamo, and admitted Bankole to bail on the condition that he provides two sureties who are have N5million naira cash in their bank accounts, and landed properties in Abuja metropolis.
SaharaReporters learnt that counsels and family members of the embattled speaker were still scrambling to meet the bail conditions as at press time.
Bankole was taken back to EFCC custody as the commission began verification of the properties of his sureties.
The former Speaker is facing a 16-count of fraud related offences, including inflation of contracts to the sum of N894 million.
Justice Okorowahas set July 26 and 27 for commencement of trial of the substantive case.
Mr. Bankole faces other corruption charges, EFCC investigators told SaharaReporters that the former speaker will soon be docked for other financial crimes relating to theft of state resources and money laundering.
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