Breaking: Alleged N2.9Billion Fraud: Court Grants N500 million Bail to Rochas Okorocha



A Federal High Court in Abuja on Tuesday has granted the former governor of Imo State, Rochas Okorocha 500million Naira bail.

Okorocha who pleaded not guilty to a N2.9 billion fraud charge filed against him by the Economic and Financial Crimes Commission (EFCC) was arraigned today after the judge adjourned his case on Monday. 

EFCC had, in January, filed a 17-count charge against the former governor over allegations of stealing N2.9 billion public funds while in office.

After the charge was read to Mr Okorocha and his co-defendant, Anyim Nyerere, EFCC’s lawyer, Gbolahan Latona, asked the court for a date for trial.

But Mr Okorocha’s lawyer, Okey Amaechi, a Senior Advocate of Nigeria (SAN), informed the judge, Inyang Ekwo, of a pending bail application for his client.

Mr Amaechi drew the court’s attention to the siege on Mr Okorocha’s Abuja home last Tuesday.

After four months of filing charges against Mr Okorocha, the EFCC, on Monday, brought Mr Okorocha to the Federal High Court in Abuja.

But efforts to arraign Mr Okorocha had been unsuccessful, due to the inability of the anti-graft agency to personally serve the charges on the ex-governor.

Last Tuesday, after a six-hour standoff between protesters loyal to Mr Okorocha and operatives of the EFCC in Abuja, dozens of armed personnel of the anti-corruption agency broke into the former’s residence before whisking him away.

EFCC said it was compelled to forcibly arrest Mr Okorocha after he jumped an administrative bail granted him by the commission.

When the suit first came up on February 22, Mr Okorocha was neither in court nor have any legal representation– forcing the judge, Inyang Ekwo, to threaten to dismiss the case following EFCC’s complaint of inability to serve the former governor with the charge.

Cosmos Ugwu, EFCC’s lawyer, had told the judge, “My lord, we have made several but unsuccessful attempts to serve the charge on the first defendant (Mr Okorocha).

“We urge the court for an adjournment to enable us serve the 1st defendant.”

Again, on March 28, Mr Okorocha was not in court. The two consecutive absence from court led to threats of striking out the suit

“One month plus you are still coming to say you are yet to serve,” the judge noted over EFCC’s inability to serve court papers on the former Imo governor.

“This will be the last time this matter will be adjourned,” Mr Ekwo said before adjourning the suit until May 30.

Spye News had reported that the charges were filed about the same time Mr Okorocha was declaring his intention to run for the office of the president in 2023.

Since the charges were filed, Mr Okorocha had appeared on national television to criticise the EFCC for initiating the proceedings against him.

Mr Okorocha, 59, was a two-term governor of Imo State, serving from 2011 to 2019 when he lost an intense political battle to install his son-in-law and Chief of Staff, Uche Nwosu, as a successor. He, however, succeeded in winning the Imo West senatorial election for himself as a candidate of the APC.

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