A Federal High Court in Abuja on Friday granted former governor of Adamawa State, Ahmadu Umaru Fintiri, bail in the sum of N500 million and two sureties in like sum.
Fintiri is being prosecuted by the Economic and Financial Crimes Commission (EFCC) over allegations of corruption and money laundering.
Trial judge, Justice Ahmed Ramat Mohammed, in a ruling on the bail application said the prosecution failed to show reasonable cause why the defendant should not be granted bail.
On the claim by the prosecution, led by Mr. Peters Aso that the former governor would jump bail if granted, Justice Ramat said such claim could not be sustained because the defendant did not jump the administrative bail granted him by the anti-graft agency.
Part of the conditions for the bail of the former governor are that his sureties must be owners of properties worth N500 million, being the bail sum.