Former Chairman, defunct Pension Reform Task Team, Abdulrasheed Maina, Monday was granted N1bn bail by The Federal High Court, Abuja.
Justice Okon Abang who gave the ruling also ordered that Maina must produce two sureties who must be serving senators.who must not be standing any criminal trial in any court in Nigeria
Abang in the judgement also ruled that the two sureties, who must be prepared for a N500m bond each, must always be in court with the defendant at each adjourned date.
Maina is standing trial on alleged money laundering charge involving over N2bn preferred against him by the EFCC
Justice Abang had, on November 21, fixed Monday (today) for hearing on the bail application and for continuation of Maina’s trial.