Thursday, August 18, 2022

N2.9bn Fraud Allegation: N500m Bail Granted To Rochas Okorocha

Senator Rochas Okorocha, former Governor of Imo State, has been granted bail at N500million by the Federal High Court in Abuja.

Justice Inyang Ekwo, in a ruling on Tuesday, said the Economic and Financial Crimes Commission (EFCC) did not show enough proof why Okorocha should be permanently detained.

The judge, then, ordered Okorocha to provide a surety, who will sign and of the same amount.

With this development, Okorocha now has less than 24 hours to perfect the bail in order to be able to attend the presidential screening of the All Progressives Congress.

Okorocha, who is facing a 17-count charge bordering on conspiracy to steal N2.9 billion in public funds during his tenure as Imo State Governor, is number 17 on the list of presidential aspirants expected by the APC screening committee.

The screening began yesterday and will end today.

If attended, Okorocha will also have to clear his membership status, financial status, academic credentials, and other requirements for a presidential candidate as spelled out in the constitution of the APC.

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