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BREAKING: Court grants Maina N1bn bail

A Federal High Court sitting in Abuja has granted bail in the sum of N1bn to the former chairman of the defunct pension reform task…

A Federal High Court sitting in Abuja has granted bail in the sum of N1bn to the former chairman of the defunct pension reform task team, Abdulrashid Maina.

Maina had arrived at the Federal High Court, Abuja, with the aid of a walking stick. Maina, who came into Court 6, 2nd Floor of the building, at about 9:40am, supported himself with a walking stick.

The ex-pension reform boss, who is standing trial on alleged money laundering charge to the tune of over N2 billion preferred against him by the EFCC, was dressed in a brown caftan with a matching cap.

Justice Abang had, on Nov. 21, fixed Monday for hearing on the bail application and for continuation of his trial.