A Federal High Court in Lagos on Tuesday granted bail to the Speaker of the Ogun State House of Assembly, Olakunle Oluomo, in the sum of N300m with two sureties in like sum.
Justice Daniel Osiagor ruled that one of Oluomo’s sureties must be not less than a level 16 officer in the civil service while the other must possess landed property within the court’s jurisdiction.
The court granted the second and third defendant bail in the sum of N100m with two sureties also in like sum.
One of their sureties must not be less than a level 14 Officer in the Civil Service. The other must also possess landed property within the court’s jurisdiction.
All the sureties are to possess three-year tax clearance and swear to an affidavit of means.
All defendants are also to deposit their travel documents with the registrar of the court.
Justice Osiagor also ordered that pending when they meet their bail conditions, the defendants will be remanded in the custody of the EFCC for a week after which they will be transferred to the Abeokuta division of the court for further orders on their remand.