Ok

g

unbelievable! So all those millions we've been hearing are not being paid. Chaiiiii, ignorance nor good o. Op thanks for this.

modath:



Leave those reporters interpretation, Metuh's sureties are required to deposit property doc.... The cash requirements are even 200m for his money laundering case + another 300m for his evidence destructing case.

Cash is 500m if need be , while property value is 200m×2 =400 + 300mx2 =600m .. Everything altogether property wise is 1billion, so if a true picture is sought...

1.5bn is the figure in question...

All these figures people are bandying ain't so...

Away from everything, I believe Nurse's is so stringent to teach him a lesson for his recalcitrant & obstruction of justice stand..

BTW, the link didn't work.

Read the bail conditions again for both cases. The court demands that Metuh brings N400m and 600m respectively, and specified what should be brought by sureties. The surties though could deposit documents of properties that's what the amount or a bond.

No be wetin we supposed de argue na. As for the link, copy and paste on google search engine if it isn't opening on your browser.
www.money.howstuffworks.com/bail.htm

there is a lot of corruption in the judiciary, the surety deposits the money, the court invest the money for the duration of the case (say 4-5 years or more), the court returns the money back to the surety after the case without the interest.

Totally wrong. The bail condition has to b met wit d money deposited including documents.

aieromon:
Where is the bail money deposited? What is the name of the account?

Are the C of O documents of the properties dropped with the court registrar just like the travel documents of the accused?

u dnt pay the money unless the accused person jumps bail or fails to appear in court.again the c of o are for sightseeing.u dont deposit them with court.

Police bail,court bail,cash bail,bond bail and sureties and self recognition .In some cases the amount is deposited before the release and when case is finished,after collection of the 10 % of the total amount ,the remaining is given back.That is when the alleged doesn't jump-

Geist:
You very funny. Without meeting any of the bail conditions, you can't be released. So what if the accused and the surties flee the country? what then?

Read the post again . he mentioned about landed property which may be confiscated . by the way he never said nor insinuated you'll be bailed if u don't meet d conditions

Crownofwealth:
u dnt paythe money unless the accused person jumps bailor face toappear in court.again the c of o are for sightseeing.u don deposit them with court.

You are wrong,very very-

Don't we have any lawyer on nairaland??

DropShot:
Op, I think you're wrong. The bail conditions must be perfected, including the money part, before the accused will be released. Check your facts as I check mine too.


https://en.m.wikipedia.org/wiki/Bail

From the emboldened, it's clear that the money has to be deposited with the court.

In some cases ... Which is rare

modath:



Where did i opined that? ... What is the function of setting bail conditions if it isn't met before release from custody, kindly point where i posited that?

By now you should realize that what you are arguing here is in fact not the point of discussion on this thread.

Crownofwealth:
u dnt pay the money unless the accused person jumps bail or fails to appear in court.again the c of o are for sightseeing.u dont deposit them with court.

Very wrong back to back. This gives the guarantor and the accused the open door to take off..

Crownofwealth:
u dnt pay the money unless the accused person jumps bail or fails to appear in court.again the c of o are for sightseeing.u dont deposit them with court.

Who pays the money if the accused jumps bail? The surety?

olafum1:
In this case of Methuselah, he must pay his #1b bail o

ignorance is bliss

aieromon:

Who pays the money if the accused jumps bail? The surety?

yes

Geist:
Please read the OP again. The OP is claiming that it is when the defendant jumps bail that money is collected. There was nothing on like sum in the OP. The issue of like sum only comes up for defendants who claim they don't have raw cash. If you're collecting the bail money or you collect properties in like sum what difference does it make. The important thing to note here is they are paid before the defendant is released on bail and not when he jumps bail

Op is correct . the money for bail or its equivalent is used as a collateral in case the accused jumps bail.

It's laughable that people think the money is paid cash

blazetitov:


Very wrong back to back. This gives the guarantor and the accused the open door to take off..

NOT WRONG.if they run.bench warrant for their arrest will be issued against them.

From what I know I think the money has to be paid. In the US for example Bail Bondsman is good businesses. What happens is you pay the bonds guy 10% of your bail which is non-refundable, while he in turn puts up the entire bail and pays to the court. Now, where the risk is, if the accused jumps bail then no refund for Bonds man. The profit comes from the 10% if the guy shows up to court, meaning bonds man will be refunded the bail money. Advantage to the accused is, all you have to do is come up with just 10% rather than going everywhere looking for the entire sum.

Now with all these EFCC cases everywhere setting up a Bail Bonds agency might not be a bad idea.

Op



Our police are in better position to answer this

Geist:
You very funny. Without meeting any of the bail conditions, you can't be released. So what if the accused and the surties flee the country? what then?

What do you understand by meeting bail conditions?

Geist:
You very funny. Without meeting any of the bail conditions, you can't be released. So what if the accused and the surties flee the country? what then?

that's y landed property is attached

Geist:
You very funny. Without meeting any of the bail conditions, you can't be released. So what if the accused and the surties flee the country? what then?

thats why they collect their passports and all relevant documents for the securities pledged.. Worse case scenario if they run Government will then sell off the securities and keep the money


cheers

TonyeBarcanista:

Read the bail conditions again for both cases. The court demands that Metuh brings N400m and 600m respectively, and specified what should be brought by sureties. The surties though could deposit documents of properties that's what the amount or a bond.

No be wetin we supposed de argue na. As for the link, copy and paste on google search engine if it isn't opening on your browser.
www.money.howstuffworks.com/bail.htm

Haaaa? .... I give up, not out of cowardice or inability to win my points but you are claiming Nurse is supposed to drop a billion Naira when it is obviously not so...

Barca, you need to do research... dazall...

*mic drop*.. on to the next..

soldierdollar:


Op is correct . the money for bail or its equivalent is used as a collateral in case the accused jumps bail.

It's laughable that people think the money is paid cash

the money can be paid in whatever manner stated by the court. If it says cash, then cash it is. If it says properties, then properties it is. If it says cash but properties in like sum can be used in place, then that's it. The most important thing here is that the the court must be in possession of the money or property (whichever the case is) before the accused is released.

modath:



Haaaa? .... I give up, not out of cowardice or inability to win my points but you are claiming Nurse is supposed to drop a billion Naira when it is obviously not so...

Barca, you need to do research... dazall...

*mic drop*.. on to the next..

Actually, the accused is supposed to deposit the bail money or CofO with the court before he is allowed to go. If he does not jump bail, he gets his money after the trial. If he jumps bail, you know the rest.

maximunimpact:
I want to use this opportunity to correct a wrong impression about bail conditions. In recent times we have read how courts slam bail charges on accused persons and many think the sums must be paid before releasing an accused.

in reality this money and other conditions will only be redeemed if only the accused jump bail. in that situation the sureties will have to pay the cash.

But if the accused maintain statuesque and appear in court as at when due, that money will never be paid. but the sureties must sign before releasing an accused on bail with the prove of ownership of the landed property as required by the court.

Legal gurus in the house can throw more light on this subject.

OP so how do you judge a govt who stops the accused from bail after meeting all bail conditions.
Isnt it witch hunt/personal vendatta

DropShot:

Are you speaking from position of knowledge or from that of your thoughts?

Which knowledge do you have that is contradicting issues?

Mynd44:

Actually, the accused is supposed to deposit the bail money or CofO with the court before he is allowed to go. If he does not jump bail, he gets his money after the trial. If he jumps bail, you know the rest.

Surety/Like sum

Nothing to add....

& you sat on Metuh& chicken rep drama! .. No P, I get you don't want to create chaos..

modath:



Haaaa? .... I give up, not out of cowardice or inability to win my points but you are claiming Nurse is supposed to drop a billion Naira when it is obviously not so...

Barca, you need to do research... dazall...

*mic drop*.. on to the next..

The degree of ignorance on display on this forum is staggering.


Blind arguments everywhere...