Justice James Omotosho of the Federal High Court in Abuja has approved bail of former Minister of Power, Saleh Mamman.
The presiding judge said the bail has been set at ₦10 billion and requires two sureties to provide the same amount.
During the bail application hearing for the defendant, Justice Omotosho stipulated that, “the sureties must possess properties in Abuja worth at least ₦750 million.
“The court ruled that sureties are required to provide the court with certified land documents along with a three-year tax assessment.
“The court has also ruled that the defendants are required to provide bank statements and international passports to the court”.
Alternatively, the court determined that the defendant has the option to present a bank guarantee for the specified amount, and if provided, no surety will be required.
The court has decided to postpone the case until September 25, 2024, when the trial will begin.