₦airaland Forum

Prof. Maurice Iwu, the former Chairman of the Independent National Electoral Commission (INEC) on Friday August 16 met the N1bn bail with two sureties which a Lagos state High Court imposed on him.

The former Electoral commission boss was admitted to bail of N1bn with two sureties in like sum after being arraigned before Justice Chuka Obiozor of the Federal High Court in Lagos on August 8.

The Judge ruled that his sureties must have a property in Lagos, while the other must be a civil servant not below Grade Level 16 or a professor in any Nigerian university. They are expected to show evidence of three years’ tax clearance and required to furnish the court with their statements of accounts.

The judge said: “The defendant and sureties shall provide two of their recent passports for court record. The defendant shall cease all manner of communication either directly or by proxy with any of the witnesses the prosecution might call in this matter.

“The second surety must be a civil servant in the state within the grade of level 16 or a professor in any of the universities in Nigeria. The second surety shall provide proof of tax for three years prior to today. Must be resident in Lagos and as proof of address, he shall provide statement of account to which a passport photograph will be attached which the bank shall depose as the true identity of the account holder.

“The defendant shall keep the original copy of his international passport with this court and shall not travel outside the country without the approval of this court. Deputy registrar of the Lagos division shall verify all documents submitted by the defendant and sureties and pending the perfection of bail, the defendant shall be remanded in prison custody at Ikoyi prison.”

Prof Maurice Iwu however perfected his bail conditions on Friday after spending a week in Ikoyi prison, as confirmed by his lawyer Ahmed Raji (SAN), Igbere TV reports.

Accused of laundering N1.23bn in the build-up to the 2015 general elections, the former INEC chairman is facing a three-count charge bordering on money laundering and conspiracy. He however pleaded not guilty to the charges before being granted bail.

https://www.pmnewsnigeria.com/2019/08/09/breaking-court-grants-maurice-iwu-n1bn-bail/amp/

The judge wicked o! N1 billion as bail out of the alleged N1.2 billion that he stole? Iwu really stole money.Make Iwu use the balance flex him life OBJ was Iwu's ATM,

Hmmmmn,, jega be prepared ooo..

1 kini? People get money for this country oooo. Whether by crook or hook so long as money dey Nigerians go worship am.

The court should rather corncerned about how Iwu is able to pop out 1billion naira, is it the same public office that made him so rich like that, if his tax payment doesn't corrolate with is earnings or assets, he should be locked up back but this is Nigeria.

the must be a wicked man ,lol iwu still 1.23 billion they took 1 billion from him back so that he can use .23 billion to service the case .no gain for pro

Prof Maurice Iwu however perfected his bail conditions on Friday after spending a week in Ikoyi prison, as confirmed by his lawyer Ahmed Raji (SAN), Igbere TV reports.

He met 1 BILLION Naira bail under one week?!
He has some politicians that have raped and looted our national treasury behind him.
The same politicans that some nonentities are still singing their names up till now.
There was nation!

Accused of laundering N1.23bn in the build-up to the 2015 general elections, the former INEC chairman is facing a three-count charge bordering on money laundering and conspiracy. He however pleaded not guilty to the charges before being granted bail.

That was the era when STEALING WASN'T CORRUPTION.
The evil and corrupt thieves did everything in their power to rig the election , but our votes prevailed.
The first time in the history of Nigeria that an incumbent lost an election.

PDP in Nigeria again?!
God forbid bad thing!

How did they provide 1billion in 7 days?? There's money in this country abeg.
.

Danm

Ok

Chicken change

Money De this country o

They should just let him be since he has paid back the stolen funds.

The remaining go be for case so wettin e gain? Except there are several other stolen funds yet to be discovered.

This is Nigeria

His ability to meet the bail in itself is an indictment of crime.

Jayslicky:
The court should rather corncerned about how Iwu is able to pop out 1billion naira, is it the same public office that made him so rich like that, if his tax payment doesn't corrolate with is earnings or assets, he should be locked up back but this is Nigeria.

One would think he has got to have family members or friends who are rich but not you

The case don close. He'll pay the lawyers with the balance. Iwu take a bow and go

Flyingngel:
1 kini? People get money for this country oooo. Whether by crook or hook so long as money dey Nigerians go worship am.

Because the Ekweremadu treatment was delayed.

1 billion kini for bail??.....dem don take style colet almost all d money wey dem talk say him carry na
Lol

where did he get that kinda money

1 wetin!!! Mo’gbe oo

Moku ooo

Its a lie. Bail is free

Toks2008:
They should just let him be since he has paid back the stolen funds.

The remaining go be for case so wettin e gain? Except there are several other stolen funds yet to be discovered.

No. He will face the full course of the law

edo3:
Hmmmmn,, jega be prepared ooo..

talk another thing....who wan probe jega?

From where he get 1 billion from?!?

Lols I like this new FG method on looters ohh.
You steal 100 million, your initial bail is 90 million before other court proceedings continue.

MRsettingz:
pls lawyers in the house,
What do they mean by 1billion bail?
Does that mean he has to pay the amount to our court, or they mean his suretties must have property worth of the amount?

Use to wonder also

MRsettingz:
pls lawyers in the house,
What do they mean by 1billion bail? Does that mean he pay the amount to our court, or they mean his sutties must have property worth of the amount?

it means that he deposits the money with court so that in the event that he runs away the Court takes possession of the money and hold the sureties responsible till they are able to provide him.
If he however makes himself available to all the court proceedings without jumping bail the money will be returned to him.
If you need any legal document, I am at your service. 08124890654

Kingosytex:
The judge wicked o! N1 billion as bail out of the alleged N1.2 billion that he stole? Iwu really stole money.Make Iwu use the balance flex him life OBJ was Iwu's ATM,

The case can now drag for years as long as N1 billion has been collected from him, make e dey use the balance pay lawyers.