A Federal High Court, sitting in Abuja,
has granted bail to a former Group
Managing Director of the Nigerian
National Petroleum Corporation,
Andrew Yakubu, and four others.
Mr. Omokore, an ally of former Petroleum Minister, Diezani Alison-
Madueke, and Mr. Yakubu were charged along with a co-owner of
Atlantic Energy, Kola Aluko, Victor
Briggs, Abiye Memnere, David
Mbanefo, Atlantic Energy Brass Development Limited and Atlantic
Energy Drilling Concepts Limited.
Justice Binta Murtala-Nyako, who
gave the ruling, ordered the defendants to provide bail bonds of
N50 million each, with one surety in like sum.
The surety should have properties in Abuja and should depose to affidavit of means; while the defendants should submit their international passport or passports.
They are also to remain in the court
premises until they meet their bail
Read more: SkyNaija Blog