BREAKING: Court Slashes Maina’s Bail To N500m

BREAKING: Court Slashes Maina's Bail To N500m
BREAKING: Court Slashes Maina’s Bail To N500m

A Federal High Court sitting in Abuja on Tuesday has altered the earlier conditions attached to the bail of former Chairman, Pension Reform Task Force, Abdulrasheed Maina.

Justice Okon Abang, before who Maina is being tried on charges of money laundering, granted him conditional bail on November 25, 2015.

Among the bail conditions were that Maina endorses a bond of N1billion and produce two sureties, who must be serving Senators, and who must attend court at every subsequent proceeding.

BREAKING: Court Slashes Maina's Bail To N500m
Maina appeared in court on a wheel chair

Maina later returned to the court with a prayer for variation, on the grounds that the conditions were too stringent.

In a ruling on Monday, Justice Abang reduced the bail bond to N500million for Main, who he said, should now produce a single surety, who must be a serving Senator.

Justice Abang ordered that the Senator, who must own property in any of the high brow areas of the Federal Capital Territory (FCT), must attend court at every adjourned date to sign at the court’s registry.

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