Friday, 1 July 2016

N2. 9bn Fraud: Umaru Fintiri granted N500m bail

Umaru Fintiri, former governor of Adamawa State, who was remanded in prison custody yesterday by Justice Ahmed Mohammed of the FCT High Court, has been granted bail. Fintiri is being prosecuted by the EFCC on a five count charge of money laundering to the tune of N2. 9 billion.

The bail conditions include: N500 million with two sureties in like sum. He is also to submit his international passport.

The judge however asked that he remain in prison custody pending satisfaction of bail conditions.

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