Court Grants Ex Minting And Printing Managing Director Half Billion Naira Bail

Justice E.S Chukwu of the Federal High Court, Abuja on Friday granted bail to a former managing director, Nigeria Security Minting and Printing Company, NSMPC, Ehidiamhem Okoyomon on stringent conditions.
According to EFCC Head of Media and Publicity, Wilson Uwujaren "Okoyomon is facing extradition proceeding instituted against him by the office of Attorney General of the Federation, following a request by the UK government.
"The former Mint boss is wanted in the UK over his alleged role in the bribery scandal involving officials of Central Bank of Nigeria, CBN, the Nigeria Security Minting and Printing Company, NSMPC, and Securency International Pty of Australia, between 2006 and 2008."
At the last adjourned date, Alex Iziyon, SAN, counsel to Okoyomon had pleaded with the court to grant his client bail pending judgment. He averred that his client was entitled to bail and that, if granted, he would be available for trial. Tanimu Almakura, the prosecution counsel told the court that before bail was granted, sufficient evidence must be placed before the court.
Ruling on the bail application today, Justice Chukwu granted Okoyomon bail in the sum N500m and two sureties who must be of the rank of executive director in government establishment and possess landed property within Abuja Municipal Area Council.
Also, they are to swear to affidavit of means and provide evidence of tax payment for the last three years.
The two sureties are also to deposit two recent passport photographs with the court registrar. The two sureties and the respondent are to deposit their international passports with the EFCC where Okoyomon is expected to report every Monday.
Furthermore, counsel to the respondent is also to write an undertaking; while officials of the EFCC, the court registrar and the bailiff are to verify the terms.
Justice Chukwu adjourned the case to December 1, 2014 for final ruling.

CKN NEWS

Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

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