Tuesday, 19 January 2016

OLISA METUH GRANTED N400M BAIL........


I think the Judiciary is about to wake up. When a man collects Nigeria's money and brags that he would not tell federal investigators how he used the money, then such a person should be watched closely.

The Federal High Court sitting in Abuja on Tuesday granted bail to the National Publicity Secretary of the PDP, Olisa Metuh, to the tune of N400million.

In a bench ruling this afternoon, trial Justice Okon Abang ordered Metuh to also produce two sureties who must deposit the sum of N200m each.

The court ordered that the sureties must not only be residents in Abuja, but also

owners of landed ‎properties within the Maitama district of the FCT. ‎They are to submit the Certificate of Occupancy of the properties to the Chief Registrar of the court for verification, as well as submit their three years tax clearance.

According to the court, the sureties ‎must swear to an affidavit of means and also two recent passport.

More so, Justice Abang ordered Metuh to surrender his international passport to the Chief Registrar.

‎The PDP spokesman who was remanded in Kuje Prison last Friday, was brought to court in handcuffs.‎ He was driven to the court in a prison bus with registration No. PS-682-AO.

Metuh is answering to a seven-count criminal charge that was preferred against him by the ‎EFCC.‎

‎He is facing trial alongside his firm, ‎Destra Investment Ltd, ‎over alleged N400m fraud.‎ EFCC revealed that Metuh diverted most of it to his personal use.

The court had already fixed January 25 to commence full-blown hearing on the matter.

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