Justice John Tsoho of the Federal High Court in Abuja on Wednesday granted bail to the National Commandant, Peace Corps of Nigeria, Dickson Akor, to the tune of N10 million.
Akor and the Incorporated Trustees of the organisation are standing a 90-count criminal charge bordering on alleged conversion of monies directly derived from “extortion” amounting to about N1.4 billion.
However, upon arraignment, the peace Corps boss denied all the 90-count charges preferred against him by the Federal Government.
Consequently, his bail application was argued by John Ochogwu, with the prosecution counsel, Aminu Alilu in opposition.
Ruling on Akor’s bail application, trial judge, Justice Tsoho while granting the bail, said the 1st defendant shall produce one surety in the sum of N20 million.
The surety shall be resident in Abuja and must be an owner of a landed property in Abuja, the court said, adding that the surety must tender photocopies of title deeds of the property to the Deputy Chief Registrar, Litigation of the court.
Also, the surety is required to submit his residential address which must be verified by the DCR litigation.
The judge equally ordered that Akor should drop his international passport and could only “apply to the court whenever he wants to use during the cause of his trial.”
More so, Akor and the sureties were directed to deposit their two recent passport photographs.
“After due consideration accorded to counsels, the court is inclined to grant the bail to the applicant because the alleged offences are not capital in nature.
The court said the submission of the complainant that the applicant might influence or interfere with police investigation, “is speculative and mere apprehension.
Justice Tsoho added that the prosecution has not deposed to any affidavit showing that Akor jumped bail while on administrative bail.