A few days after he was remanded in Kuje Correctional Center, the Abuja Federal High Court on Friday, granted bail Senator Ali Ndume.
Ndume, the man representing the Borno South Senatorial district was remanded in prison custody over his failure to produce the former Chairman of the defunct Pension Reform Task Team, Abdulrasheed Maina, whom he stood in as surety for.
Maina is answering a 12 count charge over alongside his firm, the Common Input and Investment Limited, over their alleged involvement in money laundering to the tune of N2billion.
The former Pension Reform boss has since September 29, refused to attend his trial and is a development that led the trial Court to remand his surety, Ndume, in prison custody.
Meanwhile in a ruling on Friday, Justice Okon Abang granted an application Ndume filed to be released on bail, pending the determination of his appeal.
Though Justice Abang described an appeal the embattled lawmaker filed before the Court of Appeal in Abuja to challenge his remand as “ incompetent ”, he said the trial Court was minded to release him on bail considering that “ he has been of good conduct”.
The Court, however, ordered him to produce one surety, who must be a respectable person that is resident within the Federal Capital Territory.
According to the Court, the surety must be an owner of a landed property in Abuja with evidence of ownership. It also ordered Ndume to deposit his International Passport to the Chief Registrar of the Court pending the determination of his appeal.
The Court, as well held that Ndume must sign an undertaking that he would within ten days, compile and transmit the record of proceedings to the Court of Appeal.