The Federal High Court in Abuja on Friday granted bail to former Adamawa governor, Murtala Nyako, his son, Abdul-Aziz and others who were slammed with fraud charges along with him.
Nyako and his team were on Wednesday arrested by the Economic and Financial Crimes Commission over allegations that he embezzled N29bn while in office.
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The bail was granted to the accused persons in the sum of N350m each, with each of the four accused persons required to produce at least one surety who must be a serving director in any federal government establishment.
The sureties must also have landed property in the Abuja Municipal Area Council, which must be verified by the court bailiff.
The sureties are also expected to swear to an affidavit of means.
In his verdict on Friday, Justice Evoh Chukwu, threw out the objections of the EFCC and ordered the accused persons to deposit their passport and other travel documents with the court registrar.
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