A Federal High Court sitting in Lagos has granted bail to the president of Nigerian Bar Association (NBA), Paul Usoro, in the sum of N250 million, with one surety in like sum.
Justice Rilwan Aikawa granted him bail on Friday and also issued a bench warrant against four Akwa Ibom State government officials.
The officials are Commissioner for Finance in Akwa Ibom, Nsikan Nkan; the state’s Accountant General, Mfon Udomah; the state’s Attorney General and Commissioner for Justice, Uwemedimo Nwoko, and the cashier at the Akwa Ibom State Government House, Margaret Ukpe.
The bench warrant for their arrest was issued following an application by the Economic and Financial Crimes Commission (EFCC).
They are to appear before the court on the next adjourned date, March 18.
Mr Usoro is facing 10-count charges of fraud to the tune of N1.4 billion.
Justice Aikawa is the third judge to handle the case after both Justices Muslim Hassan and Chuka Obiozor, of the same court had withdrawn.