A Federal High Court, Abuja, on Tuesday, admitted Sen. Rochas Okorocha to bail in the sum of N500 million with one surety in like sum.
Justice Ekwo said the surety must have a landed property within the jurisdiction of the court. The surety must also deposit the Certificate of Occupancy (C of O) of the verified property with the registry of the court.
The judge granted Rochas bail and also confiscated his international passport to prevent him from leaving the country.
He ordered the registry to inform the Nigeria Immigration Service (NIS) about the state of Okorocha’s travel documents.
He further ordered the lawmaker not to travel outside the country except with the leave of the court.
Ekwo also granted Okorocha’s co-defendant, Anyim Nyerere Chinenye, bail in the terms of the administrative bail earlier granted to him by the Economic and Financial Crimes Commission (EFCC).
The judge adjourned the matter until Nov. 7, Nov. 8, Nov. 9, Nov. 10 and Nov. 11 for trial.
The development occurred after counsel for Okorocha, Solomon Umo, SAN, and of Chinenye, Oba Maduabuchi, SAN, took the applications.
The News Agency of Nigeria (NAN) reports that Okorocha is the current senator representing Imo West Senatorial District.
He was alleged to have laundered funds to the tune of N2.9 billion while serving as governor of Imo.