BREAKING: Court Grants OKOROCHA Bail In Alleged N2.9BN FRAUD CASE
The Federal High Court in Abuja has granted bail to a presidential aspirant and former governor of Imo State, Rochas Okorocha.
He was granted bail on Tuesday by Justice Inyang Ekwo in the sum of N500 million and a surety in like sum.
Justice Inyang Ekwo gave the order while ruling on the bail application filed by Okorocha who currently represents Imo West senatorial district in the National Assembly.
The former governor is being tried on a 17-count charge to the tune of N2.9 billion filed against him by the Economic and Financial Crimes Commission (EFCC).He was accused of conspiring with others, including a member of the All Progressives Congress (APC) and five companies to steal from public coffers, although he has since denied any wrongdoing.
Arrested Before Screening
Okorocha was arraigned alongside his co-defendants on Monday by the antigraft agency before Justice Ekwo in the nation’s capital.
During their arraignment, the former governor, the second defendant – Nyerere Anyim, and the companies indicted all pleaded not guilty to the charges.