Federal High Court sitting in Abuja on Monday, granted bail to the former chairman,defuncted pension reform task team Mr. Abdulrasheed Maina in the sum of one billion naira with two sureties in like sum.
The court said both sureties must be serving Nigerian Senators with no criminal cases before the court.
The sureties must have fully developed landed property in Maitama or Asokoro district of Abuja.
According to the court ruling , the sureties must also submit 3-years tax clearance certificates and must appear at all further court rulings with the 1st defendant.
The sureties must file an affidavit to show they can pay the penance sum.
Justice Abang had on November 21 fixed Monday for hearing on the bail application and for the continuation of his trial.
The judge, who accused the Nigerian Correctional Services of compounding the issue before the court for failing to produce a medical report on the health status of Maina days after the order to the effect was made by the court, ruled that Maina’s trial would be on a day-to-day basis in subsequent proceedings.
His trial was stalled during the last adjourned date due to his worsening health condition.
The EFCC had on October 25, arraigned Maina alongside his firm, Common Input Property and Investment Ltd, before Justice Abang.
Though he pleaded not guilty to the 12-count charge, his trial has yet to make meaningful progress due to his health.
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