By MATTHEW UKACHUNWA, Lagos
Senator Peter Nwaoboshi has been granted bail on self-recognition by Justice Mohammed Idris of the Federal High Court, Lagos; and his case has been adjourned to June 7, June 13 and June 20, 2018 for trial.
Nwaoboshi who represents Delta North Federal Constituency in the Senate was charged to court last Wednesday by Economic and Financial Crimes Commission (EFCC) on allegations of 805 million Naira fraud and conspiracy.
In his ruling on the bail application by the counsel for the defendant, the trial judge said that he was admitting the senator to bail on liberal terms.
The judge pointed out that bail was granted to the defendant on self-recognizance because of his status as a serving senator of the Federal Republic of Nigeria.
Conditions for the bail include that the accused should not travel out of Nigeria without the orders of the court.
The judge also declared that within 72 hours of granting the bail application, there should be the filing of two bail bonds in the sum of 50 million Naira each.
He also decided that the accused should deposit his international passport with the registry of the court.
“In my view,” the judge said while explaining the reason for self-recognizance, “a defendant who has been on administrative bail and has been visiting the commission as shown in the affidavit, cannot be a flight risk.”
He averred that bail is not a punishment but a means to secure the presence of the accused to stand trial.
The accused parliamentarian was charged to court together with Golden Touch Construction Project Ltd and Summing Electricals Ltd.