A Federal High Court in Abuja on Friday granted bail in the sum of N100m to Shamsudeen Bala Mohammed, a son of a former Minister of the Federal Capital Territory, Mr. Bala Mohammed Bala.
The defendant who was on Wednesday remanded in Kuje Prison after he was arraigned on 15 counts of N1.1bn money laundering offences is to, among other bail conditions, provide two sureties to enter into N50m bail bond each.
Justice Nnamdi Dimgba granted bail to Shamsudeen after dismissing the Economic and Financial Crimes Commission’s objection on Friday.
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