Money Laundering: Gov. Lamido’s Son Gets N 8 Million Bail!

Aminu Lamido, eldest son of the Governor of of Jigawa State, Sule Lamido who is currently standing trial for money laundering has been granted bail by a Kano High Court. He was remanded in prison custody on Monday as ruled by Justice Fatu Riman.

As the hearing of the bail application resumed  on Tuesday, the judge considered a number of factors including the fact that the bail would not tamper with the investigation, noting that the accused person was on administrative bail after his arrest in December by the Economic and Financial Crimes Commission (EFCC).

The court was also told that the accused who declared only $ 10,000 while he was actually carrying $ 40,000 while on a trip to Egypt did not jump bail as he reported to the EFCC whenever he was requested to do so.

The bail was however no without conditions, Justice Riman granted him bail for the sum of N 4 million with two sureties in like sum. The sureties must also be civil servants who must not be below Grade Level 14. They must also show evidence of tax clearance for the last three years while they must also possess landed property within the jurisdiction of the court.  Further hearing has been adjourned till March 18 and 19.

Author: NewsAdmin

2737 stories / Browse all stories

Related Stories »

Provide your email below, and we will notify you the latest news freely.

sjdating    

calendar »

February 2013
M T W T F S S
« Jan   Mar »
 123
45678910
11121314151617
18192021222324
25262728