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

    Nestoil: Police refuse Bailiffs access to Nestoil premises as Lagos CP’s illegalities escalate

    Concerns have been raised over the handling of police operations connected to the ongoing...

    Court orders EFCC to release 27 properties wrongfully seized

    The Federal High Court in Abuja has ordered the Economic and Financial Crimes Commission...

    Nigerians must study new tax laws before 2026 rollout — AIESEC Alumni, Okauru

    AIESEC Nigeria Alumni, in collaboration with former FIRS Executive Chairman Ifueko Omoigui Okauru, has...

    FBNQuest possesses Nestoil HQ after Appeal Court ruling

    The receiver-manager appointed by FBNQuest Merchant Bank Limited and First Trustees Limited has taken...

    More like this

    Nestoil: Police refuse Bailiffs access to Nestoil premises as Lagos CP’s illegalities escalate

    Concerns have been raised over the handling of police operations connected to the ongoing...

    Court orders EFCC to release 27 properties wrongfully seized

    The Federal High Court in Abuja has ordered the Economic and Financial Crimes Commission...

    Nigerians must study new tax laws before 2026 rollout — AIESEC Alumni, Okauru

    AIESEC Nigeria Alumni, in collaboration with former FIRS Executive Chairman Ifueko Omoigui Okauru, has...