Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home Government

Former Minister of Power Granted N10 Billion Bail

Amidst N33 Billion Money Laundering Scandal

Benita OrumabyBenita Oruma
July 12, 2024
in Government
0
Former Minister of Power Granted N10 Billion Bail
Share on FacebookShare on TwitterShare on Whatsapp

In a case that has gripped the nation’s attention, the Federal High Court has granted bail to Saleh Mamman, the former Minister of Power, who is at the centre of a staggering N33 billion money laundering scandal. Charged by the Economic and Financial Crimes Commission (EFCC), Mamman faces 12 counts related to this high-profile corruption case.

Table of Contents

Toggle
  • Court’s Bail Conditions
  • Court Proceedings and Defendant’s Plea
  • Prosecution’s Stance
  • Adjournment and Next Steps
  • Bottom Line

Court’s Bail Conditions

Justice James Omotosho, in his ruling, granted Mamman bail on the condition of a N10 billion sum, coupled with two sureties of the same amount. The court specified stringent requirements for the sureties:

1. Land Ownership: The sureties must possess landed properties within the Federal Capital Territory, with a minimum valuation of N750 million.

2. Tax Clearance: They must submit their three-year tax clearance certificates.

3. Affidavit of Means: An affidavit of means is required from the sureties.

4. Bank Statements: Certified copies of their bank statements, along with recent passport photographs, must be provided.

Alternatively, the court permitted the submission of a bank guarantee or bond worth N10 billion. Additionally, Mamman must surrender his international passport to the court’s Registrar, who will verify all documents before his release from custody.

Court Proceedings and Defendant’s Plea

Mamman, who served during President Muhammadu Buhari’s administration, pleaded not guilty to all charges. His counsel, Femi Ate (SAN), had filed a bail application which was initially not in the court file, leading to Mamman’s remand in prison until the hearing.

The bail application, dated July 11, 2024, referenced the provisions of Sections 35 and 36 of the 1999 Constitution (as amended), and Sections 158 and 162 of the Administration of Criminal Justice Act (ACJA), 2015. Mamman argued that he had been on administrative bail for over two years without violating any conditions and pledged his commitment to attending his trial.

Prosecution’s Stance

The EFCC, represented by lawyer A. O. Mohammed, did not object to the bail but requested that the court impose stringent conditions to ensure Mamman’s presence at trial. The anti-graft agency has accused Mamman of conspiring with ministry staff to divert approximately N22 billion intended for the Zungeru and Mambilla Hydro Electric Power projects, using the funds to acquire properties both domestically and abroad.

Adjournment and Next Steps

The court has adjourned the matter to September 25, 2024, for hearing. Meanwhile, Mamman remains in prison custody pending the fulfillment of his bail conditions.

Bottom Line

The legal proceedings against Saleh Mamman underscore the Nigerian judiciary’s ongoing battle against corruption. As the former minister awaits trial, the nation’s focus remains on the Federal High Court’s next move in this landmark case, setting a precedent for how high-profile corruption cases are handled in Nigeria.

Tags: Bailfederal characterFormer Minister of Power Granted N10 Billion BailgovernmentministerNewsNigeriapower
Benita Oruma

Benita Oruma

Benita Oruma is a lawyer in training, a 400 level student in the university of Ibadan. She is a content writer with interest in corporate affairs and the marketplace.

Related Posts

Trump’s 100% Tariffs On Drugs is Killing Americans
Government

Trump’s 100% Tariffs On Drugs is Killing Americans

October 7, 2025
Did UK Government Policy Cause a Major National Security Trial to Collapse?
Government

Did UK Government Policy Cause a Major National Security Trial to Collapse?

October 6, 2025
Israel-Gaza Conflict: What Happened To Greta Thunberg in Detention?
Government

Israel-Gaza Conflict: What Happened To Greta Thunberg in Detention?

October 6, 2025
Next Post
Ambani Family Splurges $3M on Rema for Wedding Celebration

Ambani Family Splurges $3M on Rema for Wedding Celebration

Malian Singer Rokia Traore Fights Extradition

Malian Singer Rokia Traore Fights Extradition

NEMA Scrambles Amid Plateau School Collapse

NEMA Scrambles Amid Plateau School Collapse

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

The trial of actress Omoseyin for alleged Naira abuse will begin on April 3.

The trial of actress Omoseyin for alleged Naira abuse will begin on April 3.

3 years ago
Think Before Pregnancy, Consider Family Planning - Ayra Starr’s Mum

Think Before Pregnancy, Consider Family Planning – Ayra Starr’s Mum

8 months ago
Nigeria will start indigenous aircraft assembly as FEC authorizes N2.3 billion for Magnus Aircraft.

Nigeria will start indigenous aircraft assembly as FEC authorizes N2.3 billion for Magnus Aircraft.

3 years ago
Thiago Silva Returns Home: Fluminense Secures Signing of Defensive Maestro

Thiago Silva Returns Home: Fluminense Secures Signing of Defensive Maestro

1 year ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance food Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump ukraine US
No Result
View All Result

Highlights

Taylor Swift’s Post-Engagement Confession

Shina Peters Breaks Silence Amid Fake Death Rumours

After Bologna Ban, What’s Really Happening Across Italy’s Streets?

Did UK Government Policy Cause a Major National Security Trial to Collapse?

Israel-Gaza Conflict: What Happened To Greta Thunberg in Detention?

Epstein Case: Does the Supreme Court’s Ruling End Ghislaine Maxwell’s Legal Battle?

Trending

Trump’s 100% Tariffs On Drugs is Killing Americans
Government

Trump’s 100% Tariffs On Drugs is Killing Americans

bySomto Nwanolue
October 7, 2025
0

The Trump administration’s decision to impose a 100% tariff on branded and patented pharmaceutical imports is not...

Lagos Surprises Adekunle Gold with Major Honour

Lagos Surprises Adekunle Gold with Major Honour

October 7, 2025
Why Taking European League Games Abroad Is a Dangerous Idea

Why Taking European League Games Abroad Is a Dangerous Idea

October 7, 2025
Taylor Swift’s Post-Engagement Confession

Taylor Swift’s Post-Engagement Confession

October 7, 2025
Shina Peters Breaks Silence Amid Fake Death Rumours

Shina Peters Breaks Silence Amid Fake Death Rumours

October 7, 2025

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Trump’s 100% Tariffs On Drugs is Killing Americans
  • Lagos Surprises Adekunle Gold with Major Honour
  • Why Taking European League Games Abroad Is a Dangerous Idea

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© 2024 FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com