Chairman of DAAR Communications, Raymond Dokpesi, has been granted bail to
the tune of N400 million by the Abuja Division of the Federal High Court.
Justice Gabriel Kolawole ruled on Monday, that Dokpesi
should produce two sureties who must deposit N200m each.
According to the court, one of the sureties must be a public servant,
either serving or retired, not below the level of a Director, while the
second surety may be an entrepreneur who must submit three years tax clearance.
Justice Kolawole held that either of the two sureties must tender title deeds
of a landed property in any part of Nigeria, the value of which must not be
below N200milion.
The court said the two sureties must depose to an affidavit of means, submit
two recent passport photographs to the Deputy Chief Registrar, DCR,
Administration, of the high court.
Dokpesi, who is facing a six-count criminal charge, was also
instructed to surrender his international passport.
“If already in custody of the EFCC, it should be delivered to the DCR of
the Federal High Court in charge of Litigation,” Justice Kolawole said of
Dokpesi’s passport.
He ordered that Dokpesi should be remanded in prison custody pending
the perfection of the bail conditions.