More
    HomemetroFormer Minister Saleh Mamman Granted N10 Billion Bail in N33 Billion Fraud...

    Former Minister Saleh Mamman Granted N10 Billion Bail in N33 Billion Fraud Ca

    Published on

    By Milcah Tanimu

    The Federal High Court in Abuja has granted former Minister of Power, Saleh Mamman, bail in the sum of N10 billion, pending his trial in a N33 billion fraud case. The ruling was delivered on Friday by Justice James Omotosho.

    Mamman’s release conditions require two sureties who must own landed properties in Abuja valued at at least N750 million, submit their three-year tax clearance certificates, and provide affidavits of means. Additionally, both Mamman and his sureties must submit certified copies of their bank statements and recent passport photographs. Mamman is also required to surrender his international passport to the court’s registrar.

    The court also offered an alternative option of a bank guarantee or bond for the sum of N10 billion.

    Mamman’s legal team, led by Femi Ate, SAN, applied for bail on liberal terms, highlighting Mamman’s cooperation with the Economic and Financial Crimes Commission (EFCC) during his two-year administrative bail. The EFCC, represented by A. O. Mohammed, did not oppose the bail request but sought conditions ensuring Mamman’s attendance at his trial.

    Mamman, who served under former President Muhammadu Buhari, was arrested in 2021 and faces a 12-count charge for allegedly conspiring to divert N22 billion meant for power projects, acquiring assets both within and outside Nigeria.

    The case was adjourned until September 25 for hearing.

    Latest articles

    NIGERIA’S ECONOMIC OUTLOOK IN 2026: BETWEEN FISCAL DISCIPLINE AND GROWTH EXPECTATIONS

      By OLAYINKA OLATUNBOSUN, PhD, FCIB, FNIM, FCILRM, FCE, fnimn, MCIPM   Nigeria’s 2026 economic outlook, as...

    WOMAN Receives Award of Excellence as Outstanding NGO of the Year

      The Women Organized for Mentorship and Advocacy Network (WOMAN) has been honoured with an...

    Nigerian, U.S. Forces Carry Out Precision Strikes on Foreign ISIS Elements in North West

      By Hosea Parah, Abuja The Armed Forces of Nigeria (AFN), in collaboration with the United...

    NISO Marks First Year with Progress and Regional Milestones

      By Hosea Parah, Abuja The Nigerian Independent System Operator (NISO) has celebrated its inaugural year,...

    More like this

    NIGERIA’S ECONOMIC OUTLOOK IN 2026: BETWEEN FISCAL DISCIPLINE AND GROWTH EXPECTATIONS

      By OLAYINKA OLATUNBOSUN, PhD, FCIB, FNIM, FCILRM, FCE, fnimn, MCIPM   Nigeria’s 2026 economic outlook, as...

    WOMAN Receives Award of Excellence as Outstanding NGO of the Year

      The Women Organized for Mentorship and Advocacy Network (WOMAN) has been honoured with an...

    Nigerian, U.S. Forces Carry Out Precision Strikes on Foreign ISIS Elements in North West

      By Hosea Parah, Abuja The Armed Forces of Nigeria (AFN), in collaboration with the United...