Justice Adeyemi Ajayi of an FCT High Court on Thursday granted the suspended Accountant General of the Federation, Idris Ahmed, and his co-defendants.
She asked them to be released on bail based on the terms and conditions given by the Economic and Financial Crimes Commission (EFCC).
Justice Adeyemi Ajayi, delivery ruling on bail application stated that the defendants shall not leave the Federal Capital Territory without permission of the court.
She threatened to revoke the bail order if any of them failed to appear for trial.
According to the court, the defendants shall sign an undertaken that they would abide by the bail conditions by the EFCC.
Justice Ajayi also ordered that the defendants should not have and shall not procure alternate passports until the case is expensed.
He said their original passports shall be deposited to the Commission.
According to Judge, the ruling was based on grounds that the allegations against the defendants are yet to be proven.
According to Justice Ajayi, the ruling was in line with the rule of law, stressing that the defendants are entitled to bail in spite of allegations against them.
She stated that since the prosecution did not complain that the defendants misbehaved while in EFCC custody, she cannot deny them bail.
The three defendants were arraigned alongside a company, Gezawa Commodity Market and Exchange Limited, on a 14-count charge bordering on gratification, abuse of office and money laundering to the tune of over N109 billion fraud.
All the defendants pleaded “not guilty” to the charges brought against them by the EFCC.
