A Federal High Court in Abuja on Thursday granted a former governor of Bayelsa State, Timipre Sylva, bail in the sum of N100 million.
The court ordered him to produce a surety in like sum. The surety must be a responsible citizen of Nigeria and a resident of Abuja, with property of not less than N100 million.
The court also said the documents of the property must be deposited with it and that Sylva must keep his travel passport with it.
Justice Adamu Bello, who delivered the ruling in the six-count charge of money laundering and advance fee fraud preferred against Sylva by the Economic and Financial Crimes Commission, also told him not to travel out of Nigeria without its permission.
The matter was adjiurned till September 19,2012 for tentative date of trial.

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Source –Punchng


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