Sule Lamido And Son Gets Bail For N25M Each On Self Recognition

Former ‎governor of Jigawa State, Sule Lamido‎ has been granted bail by the Federal High Court sitting in Abuja on self recognition.

Justice Gabriel Kolawole, Tuesday evening ordered Lamido to surrender all his travelling documents to the Deputy Chief Registrar of the court.

His two sons, Aminu and Mustapha, and their alleged accomplice, Wada Abubakar, were granted bail in the sum of N25million each and to provide two sureties, one of who must be a civil servant not bellow grade level 16.

Justice Evelyn Anyadike of the Kano Division of the high court had on July 9, remanded the ex-governor and his sons in prison after they were arraigned over a 28-count criminal charge that was entered against them by the Economic and Financial Crimes Commission, EFCC.

All four suspects are facing trial over alleged money laundering and illegal diversion of N1.35 billion state funds.

Lamido is said to have abused his position as governor of Jigawa State between 2007 and 2015, by awarding contracts to companies where he has interest, using his two sons, Aminu and Mustapha as front.

One of the counts in the charge reads, “That you Alhaji Sule Lamido (while being the Governor of Jigawa State, Nigeria), Aminu Sule Lamido, Mustapha Sule Lamido, Bamaina Holdings Limited, Bamaina Company Nigeria Limited and Speeds International Limited between 15th October and 18th December, 2008 within the jurisdiction of this Honorable Court did convert an aggregate sum of N124, 649, 915 (One Hundred and Twenty Four Million, Six Hundred and Forty Nine Thousand, Nine Hundred and Fifteen Naira) paid by Dantata & Sawoe Limited into the account of Speeds International Limited domiciled with an old generation Bank at Kano which fund you reasonably ought to have known to be proceeds of an unlawful act of Alhaji Sule Lamido who was a Public Officer within the meaning of the Code of Conduct for Public Officers as prescribed under the Fifth Schedule of the Constitution of the Federal Republic of Nigeria, 1999 ( as amended ) to wit; engaging in private business by a public officer, using the said company in which he is a director and a shareholder, and to whose account he is a signatory; with the aim of concealing the illicit origin of the said sum and you thereby committed an offense punishable under Section 14 (A) of the Money Laundering Act, 2004.”