N10bn contract scam: Court grants Goodluck Jonathan’s cousin N500m bail

Nigerian President Goodluck Jonathan smiles during a press conference at the South African Parliament in Cape Town, on May 7, 2013. The leaders of Africa's two biggest economies, South Africa and Nigeria, pledged closer ties on Tuesday in what was hailed as a milestone in a sometime patchy relationship. President Jacob Zuma rolled out a red carpet for his counterpart Goodluck Jonathan as ministers signed nine sectoral pacts covering oil and gas, power, defence and communication. AFP PHOTO / RODGER BOSCH

A Federal High Court sitting in Abuja has granted bail to Mr Robert Azibaola and two others who were arraigned on Tuesday, June 6 for alleged fraudulent involvement in a civil national contract amounting to the tune of N10 billion.

Justice Nnamdi Dimgba admitted the accused persons bail in the sum of N500 naira each Azibaola is a cousin to former President Goodluck Jonathan. They are to provide two sureties in like sum and the sureties must be an owner of a landed property in Asokoro or Maitama Districts of Abuja The court further added that the sureties must provide evidence of payment of income tax for the past three years and the registry of the court shall verify the fulfilment of the bail conditions and report to the court accordingly for approval The ruling was delivered before the trial of Mr Abba Moro commenced.

The accused persons are to be remanded in prison pending the satisfaction of the bail conditions. Mr Robert Azibaola, Mrs Stella Azibaola and One Plus Holdings Nig Ltd were yesterday arraigned for allegedly collecting N10 billion for a fraudulent contract.


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