A Federal Capital Territory High Court in Maitama, Abuja has granted bail to the embattled Peoples Democratic Party’s Spokesman Olisa Metuh, in the sum of N600 million with two sureties.
Each of the sureties who muct have landed property in Abuja must pay N300, the presiding Judge, Justice Ishaq Bello said.
Metuh who is being remanded in Kuje prison for not being able to fulfil the N400 bail granted him before a Federal High Court is facing another charge on the allegation bordering on destruction of own written statement.
Metuh was on Thursday arraigned on two counts of destruction of evidence while in the custody of the Economic and Financial Crimes Commission for investigation into the money laundering case.
However on Friday, he was granted fresh bail by Justice Bello.
The judge ordered that the residences of the two sureties to be presented by the accused should be verified by filing of documents in that respect before the court.
The application for bail was not opposed by EFCC’s prosecuting counsel, Mr. Sylvanus Tahir.
While arguing the bail application orally on Friday, Metuh’s lawyer, Mr. Onyechi Ikpeazu (SAN), anchored the application on provisions of sections 158 and 162 of the Administration of Criminal Justice Act, 2015 as well as sections 35 and 36 of the Constitution.
The judge in his ruling agreed with the defence that the offences the accused was charged with were bailable and he was presumed innocent until proved guilty.
Metuh who was produced in court by prison officials on Friday is still in the process of fulfilling the N400m bail granted him by Justice Okon Abang of a Federal High Court in Abuja on Tuesday.