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Home Sectors POLITICS & GOVERNMENT Abaribe, Others To Forfeit N300 Million Bonds Over Kanu’s Absence
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Abaribe, Others To Forfeit N300 Million Bonds Over Kanu’s Absence

November 14, 2018
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    Nnamdi Kanu Lambasts Idea Of Proposed Move Of Naval Desert Warfare Institute

    A Federal High Court in Abuja has ordered the interim forfeiture of the N300 million bail bonds by sureties to Nnamdi Kanu following their failure to produce him in court on Tuesday.

    Justice Binta Nyako ordered that the money be deposited in the court’s bank account and not the Federal Government’s Treasury Single Account (TSA) before the next adjourned date on March 28, 2019.

    The judge ruled that the sureties: Senator Enyinnaya Abaribe; a Jewish priest, Immanuel Shalom, and an Abuja-based accountant, Tochukwu Uchendu, would be given six months to argue their applications challenging the forfeiture.

    However, the co-accused to the leader of the Indigenous People of Biafra (IPOB) Bright Chimezie, Chidiebere Onwudiwe, Benjamin Madubugwu, and Chidiebere Onwudiwe were present as their trial on three count-charges bordering on conspiracy to commit treasonable felony and setting up illegal broadcast stations, continued.

    Earlier, prosecution counsel Suleiman Labaran asked the court to order the sureties to show cause why the N100m bail bond for each of them should not be forfeited to the Federal Government.

    But counsel to Abaribe, Chukwu Machukwu-Ume (SAN) said the lawmaker went on an oversight function with the Senate Committee on Niger Delta.

    Justice Binta Nyako threatened to issue a bench warrant for the arrest of Abaribe and Uchendu, who was said to be ill. Shalom was present in court.

    The sureties had filed separate applications asking the court to stop their suretyship on the ground that they can no longer perform that responsibility because of some supervening and exceptional circumstances.

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