A Federal High Court sitting in Abuja has granted bail to Babachir Lawal, the former Secretary to the Government of the Federation (SGF).
Lawal was remanded in the custody of the Economic and Financial Crimes Commission (EFCC) on Monday, after he pleaded not guilty to the 10-count charge of N544,119,925.36 charges levelled against him by EFCC.
He is being tried alongside Hamidu David Lawal, Sulaiman Abubakar, Apeh John Monday, Rholavision Engineering Limited and Josmon Technologies Limited
At the resumed sitting on the bail application on Wednesday, the Judge, Jude Okeke, granted Lawal and the other defendants bail in the sum of N50million each, with one surety in like sum.
According to the Judge, the sureties must be resident in Abuja, own landed property and also provide evidence of tax payment in the last three years.
Lawal and other defendants were also directed to deposit their international passports, pending the determination of their bail applications.
The case was adjourned till March 18, 2019, for the commencement of trial.
