Abuja - A Federal High Court Abuja on
Monday granted bail to former Chairman of African Independent Television (AIT)
Raymond Dokpesi, who is standing trial over alleged N2.1bn fraud.
In a ruling of the court, Justice Gabriel Kolawole granted
bail to Dokpesi in the sum of N400 million and two sureties in like sum.
He said that each surety must have a landed property worth
N200 million each.
Kolawole said that one of the sureties must be a serving or
retired civil servant of the rank of a director in either the federal or state
He said, if retired, the surety must show a retirement
letter indicating the organisation where he or she had served.
Also read: Court orders detention of Dokpesi till December 14
Kolawole also said that the second surety must be a private
entrepreneur with evidence of three years tax clearance certificate and a
verifiable landed property worth N200 million.
He said the sureties must sign an undertaking of forfeiture
of the property to the Federal Government, in the event that the defendant did
not make himself available for trial.
The judge ordered that the international passport of the
defendant should be deposited with the registrar of the court.
He said failure to perfect the bail conditions, the
defendant should be remanded in Kuje prison pending the time all the conditions
would be met.
He also directed that Dokpesi should not be arrested by any
government agency for any investigation.
He said that if any government agency wanted further
investigation on the case, it should approach the defendant’s lawyers to make
Dokpesi is standing trial alongside his company, DAAR
Investment and Holdings Ltd, on a six-count-charge bordering on money
laundering and contract fraud to the tune of N2.1billion.