Metuh Granted N400m Bail Over Alleged N400m Fraud

Spokesman of the Peoples Democratic Party (PDP) Olisa Metuh, has been granted bail in the sum of N400 million by the a Federal High Court in Abuja.

Metuh has been charged over an alleged N400m fraud paid into his account in the ongoing arms deal scandal.

Justice Okon Abang, who granted the bail also ordered that Metuh provide two sureties of N200 million each must own a property in Maitama, Abuja.

The judge also ruled that the sureties must produce the certificates of occupancy of the property which must be verified by the Chief Registrar of the court and confirmed by the Economic and Financial Crimes Commission.
 
He also ordered that Metuh must deposit his traveling documents with the court pending the period of his trial.