Having spent thirty-nine days at Kuje Maximum prison, a Federal High Court in Abuja, yesterday, granted bail to the former Director of Pension Accounts in the Office of the Head of Civil Service of the Federation, OHCSF, Dr Sani Teidi Shaibu, to the tune of N500 million.
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Justice Adeniyi Ademola further directed the ex-pension boss who was said to have connived with a former manager with the defunct Oceanic Bank Plc, Mr Udusegbe Omoefe Eric, and diverted about N5 billion meant for pensioners across the federation, to produce two sureties in like sum.
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Likewise, the court also released his alleged accomplice, Eric, on the same bail terms, stressing that the sureties must be owners of landed property with the jurisdiction of the court.
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Besides, the sureties are to deposit the title deeds of their property with the Deputy Chief Registrar of the court.
The whole bail stuff usually make most of this corrupt politicians get away with their crime and it's in no way fair. Cancel bail pls!