The Federal High Court in Ikoyi, Lagos has granted N10 million bail to Cubana Chief Priest after he was arraigned on Wednesday over abuse of the naira.
The presiding Judge, Kehinde Ogundare granted him bail with three sureties in like sum. One of the sureties must be a civil servant not below grade level 16 while the other two must be gainfully employed, either in the public or private sector with property within the jurisdiction of the court.
The title documents of the properties are to be verify by the deputy registrar of the court.
Justice Ogundare, while handing over the defendant to his lawyer Chikosolo Ojukwu SAN, ordered that the bail conditions must be fulfilled within seven days failure of which the bail would be revoked.
Justice Ogundare adjourned till 2nd of May for trial and for the hearing of pending applications.
