Ohakim granted N270m bail for N270m fraud

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A Federal High Court in Abuja on Thursday granted a former Governor of Imo State, Ikedi Ohakim, bail in the sum of N270m.

Ohakim, who is being prosecuted for N270m fraud allegedly perpetrated in 2008, is to produce a surety resident in Abuja to guarantee the bail.
Justice Adeniyi Ademola, in his ruling on the bail application, filed by Ohakim, also ordered the prosecuting agency, the Economic and Financial Crimes Commission, ‎to submit the passport and other travel documents seized from the former governor to the Deputy Chief Registrar of the court.
Justice Ademola on Wednesday, ordered the accused person to remain in EFCC custody pending the hearing of his bail application.

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