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$2.1 Billion Arms Deal Saga: Dokpesi Granted N200 Million Bail

BellaNaija.com

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Dokpesi

Raymond Dokpesi, of DAAR Communication Plc, has been granted N200 million bail in the N2.1 billion arm deal case.

The Economic and Financial Crimes Commission (EFCC) released the following statement, as published on Sahara Reporters:

Justice Gabriel Kolawole of the Federal High Court sitting in Abuja, on Monday, 14 December, 2015, granted High Chief Raymond Dokpesi, erstwhile Chairman of DAAR Communication Plc, bail in the sum of  N200m (Two Hundred Million Naira).

Dokpesi, who was arraigned alongside his company, DAAR Investment and Holdings Limited on Wednesday, 9 December 2015, had pleaded not guilty to the six-count charge bordering on alleged procurement fraud and breach of public trust preferred against him by the Economic and Financial Crimes Commission, EFCC.

Moving his application for bail at the last sitting, the defence counsel, Mike Ozekhome, SAN, had pleaded with the court to grant the accused person bail on self-recognition.

According to him, “The applicant has not contributed to the insurgency by his act and the only reason he is held in custody is because of mere speculation of future investigation, which this honourable court cannot act on.

“The alleged offence is bailable. My Lord, the accused will not jump bail, as he has families and dependants. ”

However, while opposing the bail application, the prosecution counsel, Rotimi Jacobs, SAN, had said that “The nature of the offence is corruption and a serious one.

“The accused initially denied having any transaction with the office of the National Security Adviser  until he was confronted with the evidence. Therefore, such person cannot be granted bail, as this is coming when the country is trying to change its corruption rating in the international community.”

In his ruling at the resumed hearing today, Justice Kolawole granted the accused person bail in the sum of N200m, with two sureties in like sum.

One of the sureties must be a public servant, either serving or retired, and not below the rank of Director, while the second surety must be an entrepreneur who must submit evidence of tax payment in the last three years.

In addition, “The sureties must tender title deeds of landed properties in any part of Nigeria, the value of which must not be below N200milion,” the Judge added.

Justice Kolawole also ordered the accused person to submit his international passport or any other international document that could enable him travel out of the country and that he should be remanded in Kuje prisons pending the fulfillment of his bail conditions.

The case was adjourned to February 17, 2016 for the commencement of trial.

Wilson Uwujaren
Head, Media & Publicity
14th December, 2015

4 Comments

  1. Miss Pee

    December 15, 2015 at 12:37 pm

    I’m just wondering… all these bail money… where do they go to?

    • ATL's finest

      December 15, 2015 at 12:50 pm

      Lol me too hmm.

  2. Single Shalewa, Bitter Bintu!

    December 15, 2015 at 2:43 pm

    I’m laughing at the EFCC already. They are sure going to lose this case. The EFCC has a fondness for arresting +media propaganda first, then do proper investigation later. They’re also hindered by poor legal counsel. By the time Dokpesi shows up with 6 SAN, judge sef go fear.
    By the way, this awful Dokpesi of a man allegedly got paid this huge sum for adverts and whatever, yet he’s owing his staff lots of months in salaries. You’re an embarrassment Chief Aleogho. I pray you rot in jail.

  3. marves

    December 15, 2015 at 4:58 pm

    @miss pee. They don’t pay bail money . You as a surety just have to provide evidence that you can afford the required sum. Its usually calculated frm your networth per annum. You only pay it if the bailee jumps bail I.e he is not present in court when requied and has no acceptable reason for the absence. In that case you forfeit the required sum and it goes into govt account.
    Now as to this bail condition, regardless of the disputed sum, I strongly feel its terms are onerous. Which civil servant will admit to having that kind of money? Civil servant o. Even if he or she can afford it legitimately, I am sure they would rather not like the attention an it would draw. His lawyer should ask for a mitigation of the conditions if they have trouble fulfilling it. But then again, never say die

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