Saturday, 8 November 2014

FORMER MINT BOSS GRANTED BAIL TO THE TUNE OF 500 MILLION NAIRA



Justice E.S Chukwu of the Federal High Court, Abuja today November 7, 2014 granted bail to a former managing director, Nigeria Security Minting and Printing Company, NSMPC, Ehidiamhem Okoyomon on stringent conditions.

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.
Ruling on the bail application today, Justice Chukwu granted Okoyomon bail in the sum five hundred million Naira 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 while Okoyomon is expected to report to the Commission every Monday.




Source: Sahara Reporters

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