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Federal Court Relaxes Bail Conditions For Pensions Fraud Suspect Maina

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A Federal High Court in Abuja on Tuesday, January 28, 2020, varied the conditions attached to the bail granted former Chairman, Pension Reform Task Force, Abdulrasheed Maina.

Okon Abang, the presiding judge before who Maina is being tried on charges of money laundering, granted him conditional bail on November 25, 2015.

Among the bail conditions were that Maina endorses a bond of N1 billion and produce two sureties, who must be serving Senators, and who must attend court at every subsequent proceeding.

Maina later returned to the court with a prayer for variation, on the grounds that the conditions were too stringent.

In a ruling on Monday, January 27, 2020, Abang reduced the bail bond to N500 million for Main, who he said, should now produce a single surety, who must be a serving Senator.

Abang ordered that the Senator, who must own property in any of the high brow areas of the Federal Capital Territory, FCT, must attend court at every adjourned date to sign at the court’s registry.

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