A Federal High Court in
Abuja today, granted bail to the founder of Daar Communications Plc, Raymond
Dokpesi, in a money laundering suit brought against him by the Federal
Government.
Mr. Dokpesi is facing a
six-count charge of alleged money laundering. He was granted bail on the
condition that he provides two sureties with N200 million each.
The first surety must be a serving or retired
director in the civil service, while the second surety must be a private
investor who has paid tax for at least the last three years.
Meanwhile he will remain
in Kuje prison pending perfection of his bail.
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