By Esther Okafor
An Abuja Federal High Court judge, Nnamdi Dimgba, has granted the Managing Director of Almond Properties Ltd, Gbenga Obadina, N500million bail on Monday with two sureties in the sum of N250 million each.
Obadina was arraigned by the Economic and Financial Crimes Commission, EFCC, on Friday for collecting N2.4 billion from former National Security Adviser, retired Col. Sambo Dasuki, for electricity contracts that were never executed.
Dimgba ordered the defendant to deposit his international passports with the registrar of the court and must not travel abroad without the permission of the court.
The case was adjourned 30th Sept.2016.