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Reading: ₦19.4 Billion Fraud: Court Grants Sirika, Brother N200 Million Bail
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Nigerian News, Politics, Business, Economy, Investment, Entertainment and Sports. > Blog > Governance > Judiciary > ₦19.4 Billion Fraud: Court Grants Sirika, Brother N200 Million Bail
JudiciaryNews

₦19.4 Billion Fraud: Court Grants Sirika, Brother N200 Million Bail

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Last updated: May 23, 2024 5:15 pm
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2 years ago
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Justice Suleiman Belgore of the Federal Capital Territory High Court on Thursday granted bail to the former Minister of Aviation, Hadi Sirika, and his brother, Ahmad Abubakar Sirika.

The bail was set at ₦100 million each, with stringent conditions attached, reflecting the seriousness of the charges against them.

Both defendants are required to provide two sureties, one of whom must own a landed property within the Federal Capital Territory, valued at a similar sum.

In addition to the financial conditions, the court has restricted their travel, stipulating that the Sirika brothers cannot leave Nigeria without prior permission from the court.

This decision comes after careful consideration of the bail application, with Justice Belgore stating he found no reason to deviate from the bail conditions previously granted by Justice Sylvanus Oriji of the same court.

Ruling on the motion on notice for the 1st defendant, Hadi Sirika, the court held that “The prosecution filed no counter affidavit. He is already on administrative bail, he met all the bail applications, he continues to abide by the bail conditions, he has never been convicted of any criminal offence in Nigeria, he is a recipient of National honours, he has an aged mother he is catering for an investigation in the case has been completed.

“It is my resolution that this applicant deserves to be admitted to bail and I so do.”

Concerning Sirika’s brother, ruling on the motion on notice, brought pursuant to Sections 158, 156 and 135 of ACJA, where he requested a sole relief (bail).

The trial judge granted him bail in the same terms and conditions as the 1st defendant (Sirika).

The Sirika brothers, and the company, Enginos Nigeria Limited, are facing a ten-count amended charge bordering on contract fraud to the tune of ₦19.4 billion.

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TAGGED:BailEFCC (Economic and Financial Crimes Commission)FEDERAL GOVERNMENT OF NIGERIAFraudHadi Sirikalaw enforcementlegal proceedingsNigerian politics
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