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Alleged N33.8b Fraud: Court Grants N10b Bail to Ex-Power Minister, Mamman

July 12, 2024 • 1 min read

July 12, 2024

A Federal High Court in Abuja has granted bail to a former minister of Power, Saleh Mamman, at the sum of N10 billion.

In a ruling on Friday, July 12, Justice James Omotosho ordered Mamman to produce two sureties in like sum.

Justice Omotosho said each of the sureties must own a landed property worth N750 million within the jurisdiction of the court.

The judge said he needed not to produce sureties if he could provide a bank guarantee or bond to cover the N10b.

According to the judge, the sureties were to provide evidence of tax payment for three years, while the defendant was to deposit his travel passport with the court.