Former FCT Minister, Mohammed Granted Bail to Bond of N500m

Former Minister of Federal Capital Territory (FCT), Bala Mohammed, who was arraigned on Wednesday on a six count charge of corruption and abuse of office, has been granted bail.
He was remanded in Kuje Maximum Prison on Wednesday pending the determination of his bail application.
The Economic and Financial Crimes Commission (EFCC), had preferred the charges against him, saying the offences were committed while he served as Minister of the FCT.
When the matter came up Friday morning, the court granted the former Minister bail with a bond of N500m.
Delivering the ruling, the Judge, Abubakar Talba, said Mohammed should produce two sureties with an equivalent sum as indicated in his bail bond.
The two sureties must have landed properties in Abuja, and must also shlow evidence of tax payments in the last three years for their properties.
The court also ruled that the sureties must comprise one Senator and a Federal Civil Servant of directorate cadre.
The case was adjourned till July 4, for trial.
Mohammed is being accused of fraudulently receiving over N800m as gratification while in office as Minister.
He is also being accused of failing to declare his assets.
One of the charges read in part: “That you Senator Bala Mohammed while being the Minister of the Federal Capital Territory, Abuja, sometime in 2014 in Abuja, within the judicial division of the High Court of the Federal Capital Territory did accept gratification of a house worth N550,000,000 (five hundred and fifty million naira) situated at No. 2599 and 2600, cadastral zone, A04, Asokoro district, Abuja from Aso Savings and Loans Bank PLC as reward for performing your official duty and you thereby committed an offence contrary to S 18(b) of the Independent Corrupt Practices and other related offences Acts 2000 and punishable under section 18(d) of the same act.”

Author: News Editor

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