The Federal High Court sitting in Umuahia has granted bail to Nwabueze Success, a pregnant woman, and other defendants standing trial for alleged pension fraud.
The court, presided over by [Judge’s Name, if available], ruled that each defendant be granted bail under strict conditions, including a bond of ₦25 million.
Bail Conditions:
1. Each defendant must provide a bail bond of ₦25 million.
2. A surety for each defendant must be a resident of Abia State.
3. The surety must present evidence of tax clearance for at least three years.
4. The surety must own a developed landed property.
5. The surety must submit the titled documents of the property to the court.
6. The surety must undertake to ensure the defendants appear in court at all times.
7. Defendants must deposit their international passports with the court.
8. Defendants are prohibited from traveling outside Nigeria without the court’s express permission.
The case, which involves allegations of pension fraud, has drawn significant public interest, given the nature of the charges and the profile of the accused persons.
Further details on the case, including the next court hearing date, are expected to emerge in due course.
More updates to follow…
