Alleged N3.5bn fraud: Saraki’s aide gets N250m bail

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The Federal High Court in Lagos has granted bail in the sum of N250m to an aide of President of the Senate Bukola Saraki, Gbenga Makanjuola, who was charged with an alleged fraud of N3.5bn.

Justice Babs Kuewumi granted Makanjuola, who is Dr Bukola Saraki’s Deputy Chief of Staff, the bail with two sureties in like sum.

Makanjuola’s co-defendants, Kolawole Shittu and Obiorah Amobi, were equally granted bail in the same conditions.

The Economic and Financial Crimes Commission had arraigned all three alongside a firm Melrose General Services Limited on eleven counts bordering on conspiracy and money laundering.

Granting them bail on Tuesday, Justice Kuewumi said the sureties must be resident in Lagos and own landed properties, whose Certificate of Occupancy they must be ready to submit to the court’s registrar, pending the determination of the case.