Rochas Okorocha
HighlightTop StoryTrending Story

BREAKING: N2.9bn fraud: Ex-Imo Gov. Okorocha gets reprieve

285

Serving Senator Rochas Okorocha, who has been in EFCC custody for eight days and arraigned on May 30, is to enjoy a temporary freedom from today, a court in Abuja ruled on Tuesday.

Justice Inyang Ekwo of a Federal High Court granted him bail in the sum of N500 million and a surety also in the sum of N500 million.

However, Okorocha will remain in the Economic and Financial Crimes Commission (EFCC) custody until his bail conditions are met.

Okorocha, who currently represents Imo West senatorial district in the National Assembly, is being tried on a 17-count charge to the tune of N2.9 billion filed against him by the anti-graft agency.

He is also facing conspiracy with others, including a member of APC and five companies to steal from the Imo State coffers.

Okorocha, who was brought to court on May 30, 2022, had entered a not-guilty plea.

Persecondnews had reported that the EFCC had barricaded his residence in the Maitama area of Abuja in a bid to arrest him following his refusal to honour their invitations.

After about nine hours of siege and for resisting arrest, the operators broke into Okorocha’s expansive mansions and busted him.

While ruling on the bail application filed by Okorocha’s lawyers, Justice Ekwo

ordered that the surety must be a responsible citizen who has landed property in the like sum of the bail granted to the presidential aspirant.

Okorocha is also ordered to deposit his international passport at the court Registry with a warning not to travel outside the jurisdiction of the court without the court’s permission.

The judge directed the court’s Registry to inform the Nigeria Immigration Service that Okorocha’s international passport is in its custody.

While thanking the court for the bail granted, counsel to Okorocha, Mr Okey Amaechi (SAN) assured that he would meet the bail conditions.

Leave a comment

Related Articles

NNPC Ltd. hosts NSC boss, pledges support for revitalization of Nigerian football

In a significant move to boost Nigerian football, the Nigerian National Petroleum...

Nigerian youths essential to repositioning Africa, says VP Shettima

Vice President Kashim Shettima has reaffirmed the federal government’s commitment to youth...

Just in: Simon Ekpa ‘ll be extradited to Nigeria to face charges – Defence Headquarters

The Nigerian Defence Headquarters, Abuja, has announced plans to extradite Simon Ekpa,...

NPA’s CEO Dantsoho Makes History as First Nigerian Chairman of PMAWCA

In a groundbreaking achievement, Dr. Abubakar Dantsoho, Managing Director of the Nigerian...

Just in: Senate confirms Omolola Oloworaran as DG PENCOM

The Senate on Thursday confirmed the nomination of Omolola Oloworaran for appointment...

Save for rainy day, Federal Accountant General urges state govts, emphasizes transparency, accountability

In a bid to ensure financial stability during adverse situations and economic...

Just in: Senate approves Tinubu’s $2.2 bln loan request

The Senate on Thursday approved President Bola Tinubu’s loan request of $2.2...

Just in: Reps reject bill for six-year single tenure for president, governors

The House of Representatives rejected a constitutional amendment bill on Thursday seeking...

Just in: Simon Ekpa, four others arrested in Finland over terror-related activities

Finnish-Nigerian separatist agitator, Simon Ekpa, and four others have been arrested in...

Sacked UNIZIK VC Odoh to Tinubu: You can’t fire me through press release

Sacked Vice-Chancellor of Nnamdi Azikiwe University (UNIZIK), in Awka, Anambra State, Prof....

UBA to empower MSME’s with wealth management strategies at its ‘Built to Last’ series

As part of its commitment to deepen the growth and sustainability of...

Olopade assumes office as NSC DG, promises new lease of life for Nigerian sports

Bukola Olopade had assumed office as the Director General of the resuscitated...

Amid High Inflation Rate, IMF Pledges Support for Nigeria’s Economic Reforms

International Monetary Fund (IMF) President Kristalina Georgieva and her team met with...

Nigeria’s Super Falcons Ajibade, Nnadozie, Nominated for 2024 CAF Women’s Player of the Year

The Confederation of African Football (CAF) has announced the nominees for the...

Just in: FG announces reshuffle of governing councils at FUOYE, Kogi varsity

The Federal Government has made changes to the governing councils of Federal...

Exclusive: Eguavoen Opens Up on Declining NFF Contract Extension, Reveals Reasons

Super Eagles Coach, Austin Eguavoen, has revealed why he declined the Nigeria...

Boost for Nigeria’s Oil Production As NNPC’s Utapate Crude Grade Hits Global Oil Market

In a major boost for Nigeria’s crude oil production, revenue generation, and...

Just in: FG sacks Nnamdi Azikiwe University VC

The Vice-Chancellor of Nnamdi Azikiwe University, Awka, Anambra State, Prof. Bernard Odoh,...

Just in: FG sacks varsity Pro-Chancellor for misconduct

The Minister of Education, Dr. Tunji Alausa, has announced the removal of...

Just in: INEC presents Certificates of Return to Ondo Gov. Aiyedatiwa, deputy

The Independent National Electoral Commission (INEC) has presented Certificates of Return to...