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Malabu Oil Deal: Court Grants Adoke N50 Million Bail

The Federal High Court, Abuja on Monday granted bail to former Attorney-General and Minister of Justice, Muhammed Bello Adoke.

Justice Abubakar Kultigi granted bail to Adoke in the sum of N50million and one surety.

Justice Kultigi admitted Adoke to bail in his ruling on the bail application filed by the defendant who is standing trial before the court on 42 count charge bordering on alleged Malabu Oil deal.

The court also granted bail to the second defendant Ahmed Aliyu in the sum of N50million with one surety.

Also granted bail is the secretary of Malabu Oil and Gas PLC, Rasky Gbinigie.

The third defendant, Gbinigie was admitted to bail in the sum of N10 million and one surety.

The matter has been adjourned to March 26 and 27, 2020 for trial.

Adoke, (first defendant), along with six others were arraigned by the Economic and Financial Crimes Commission, EFCC, last Thursday, before Justice Kutigi on amended 42-count charges, to which they pleaded not guilty, thus setting the stage for their trial.

Tags: Adoke

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