N1.2bn Money Laundering: Iwu To Perfect Bail Conditions Soon- Lawyer - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Editor 2
August 15, 2019
Ahmed Raji, SAN, Counsel to Prof. MauriceIwu, former INEC chairman who was granted N1 billion bail over alleged N1.2billion money laundering charge, on Thursday said that Iwu would soon perfecthis bail conditions.
Raji stated this in Lagos, that Iwu wasstill in custody.
He said though the bail conditions werestringent, it would be perfected.
Justice Chuka Obiozor of a Federal HighCourt sitting in Lagos, had on Friday Aug. 9, admitted Iwu to bail in the sumof One billion naira with two sureties in like sum.
The former INEC Chairman was granted bailafter counsel to parties had argued on the bail application by thedefendant/applicant and the counter affidavit by the prosecution.
In his submission, Iwu’s counsel, Rajiprayed the court for an order admitting the defendant to bail on selfrecognisance pending the hearing and determination of charge filed against him orin the alternative, an order of the court admitting the defendant on liberalterms.
In that ruling, Justice Obiozor, admittedIwu to bail N1billion.