A former Attorney-General of the Federation and Minister of Justice, Mohammed Adoke (SAN) has been granted a N50 million bail by a High Court in Abuja.
Justice Abubakar Kutigi on Thursday upheld Adoke’s bail request and ordered him to produce a surety in like sum.
Justice Kutigi also admitted Adoke’s co-defendants- Aliyu Abubakar and Rasky Gbinigie- with a bail sum of N50 million and N10 million respectively.
The defendants were granted bail pending the determination of corruption allegations against them.
Justice Kutigi ordered the defendants to present sureties who must be resident within the court’s jurisdiction and must own verifiable landed properties worth the bail sum.
The defendants who were also ordered to deposit their international passports with the court, were barred from traveling abroad without first, seeking the court’s permission.
Justice Kutigi said a breach of any of the conditions would warrant automatic revocation of their bail.
Adoke and six others, including four corporate organisations, are being tried on a 42-count charge brought against them by the Economic and Financial Crimes Commission (EFCC) over their alleged complicity in the $1.2 billion fraud allegedly associated with the Malabu Oil deal.
The judge adjourned till March 26, 2020 for the prosecution to open its case.