Mr Abdulrashid Maina, the former chairman of the defunct pension reform task team has been granted a N1bn bail with two sureties in like sum by a Federal High Court which sat in Abuja.
The sureties must be serving Nigerian Senators with no criminal cases and must have fully developed landed property in Maitama or Asokoro district of Abuja. The sureties are also expected to submit 3-years tax clearance certificates and must appear at all further court rulings with him.
Justice Okon Abang who stated that the sureties must be residents of Abuja and must also show that they can pay the penance sum, added that the court shall be at liberty to revoke bail and the defendant will be remanded accordingly if any of the sureties fail to show up for court rulings.
Maina was also directed to submit his American passport, Nigerian passport and diplomatic passport(if any).