COURT GRANTS BUHARI'S AVIATION MINISTER SIRIKA, DAUGHTER, TWO OTHERS N100M BAIL EACH. (PHOTO).

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 Court Grants Buhari's Aviation Minister Sirika, Daughter, Two Others N100m Bail Each A Federal High Court in Abuja has granted ₦100m bail each to a former Minister of Aviation Hadi Sirika, his daughter and two others. They are being tried over an alleged fraud to the tune of ₦2.7bn. According to the court, they are also to provide two sureties who must have landed properties in Abuja. The sureties, the court said, must also be responsible citizens. The sureties must depose to an affidavit of means. The court also restricted the defendants from traveling abroad without its permission. Justice Oriji ordered that the defendants should be remanded in prison custody if they failed to meet their bail conditions. The sureties must own landed properties within the FCT with valid titles. The trial will commence on the 10th, 11th and 20th of June. Details Shortly…
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GABRIEL IGBINEDION'S SON MICHAEL,SENTENCED TO 6YEARS IMPRISONMENT TODAY FOR MONEY LAUNDERING.

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Michael Igbinedion                     Today thursday,Justice Muhammed Lima of Benin division of Federal High Court sentence Michael Iginedion,son of Gabriel Igbinedion,to six years imprisonment over alleged laundering of N25 billion fund belonging to the Edo state government.Justice Lima also sentenced Patrick Eboigbodin,an aid to former governor Lucky Igbinedion to 20 years imprisonment in addition to a fine of N250,000 on a 10 count charge.Michael Igbinedion,a younger brother to former governor of Edo state Lucky Igbinedion was sentenced to two years imprisonment on each of the three count.He was however given an option of N3million fine.All the jail terms of the convicts are to run concurrently.PML Securities Limited,one of the companies allegedly used by the convicts to launder the funds,was ordered to fold up and forfeit all its assets to the Federal government.

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