Justice Olukayode Adeniyi of a High Court of the Federal Capital Territory has admitted to bail, the former minister of Niger Delta Affairs, Godsday Orubebe and four others standing trial before it for alleged sum of N2.3 billion fraud.
Orubebe was admitted to bail in the sum of N10 million.
Orubebe, Oludare Lawrence Alaba (an assistant director, Ministry of Niger Delta Affiars), Ephraim Tewolde Zeri (director of Contracts in Gitto Costruzioni Generali Nigeria Limited), were yesterday arraigned before the court on a six-count charge by the Independent Corrupt Practices and other related offences Commission (ICPC).
They were accused of diverting the sum of N2.3 billion meant for the dualisation of Section IV of the East-West Road.
All the accused persons however pleaded not guilty to all the charges when it was read out to them.
Justice Adeniyi, after listening to the submissions from both the defence and the prosecution counsel over their bail application in the suit, admitted bail to the former minister in the sum of N10 million.
The judge also ordered Orubebe to produce one surety in like sum.
Adeniyi said that Orubebe’s surety must be a responsible Nigerian with evidence of three years tax payment and land property owner within the FCT.
The judge, however, ruled that Alaba and Zeri should produce one surety each in like sum, who must be assistant directors in the civil service and a land owner within the court’s jurisdiction and that the sureties must depose to an affidavit of means.
Adeniyi said that Orubebe shall remain in the custody of ICPC until his bail conditions were met and adjourned the case till Nov. 10 for hearing.