A Federal High Court sitting in Abuja has granted bail to Mr Robert Azibaola and two others who were arraigned on Tuesday, June 6 for alleged fraudulent involvement in a civil national contract amounting to the tune of N10 billion.
Justice Nnamdi Dimgba admitted the accused persons bail in the sum of N500 naira each
Azibaola is a cousin to former President Goodluck Jonathan.
They are to provide two sureties in like sum and the sureties must be an owner of a landed property in Asokoro or Maitama Districts of Abuja
The court further added that the sureties must provide evidence of payment of income tax for the past three years and the registry of the court shall verify the fulfilment of the bail conditions and report to the court accordingly for approval
The ruling was delivered before the trial of Mr Abba Moro commenced.
The accused persons are to be remanded in prison pending the satisfaction of the bail conditions.
Mr Robert Azibaola, Mrs Stella Azibaola and One Plus Holdings Nig Ltd were yesterday arraigned for allegedly collecting N10 billion for a fraudulent contract.