Alleged N5.2bn Fraud: Why Court Granted Former JAMB Registrar Ojerinde Bail
Faith Ukanwa
Jul 08, 2021
The Federal High Court Abuja, has granted bail to a former Registrar of Joint Admissions and Matriculation Board (JAMB), Professor Adedibu Ojerinde.
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Ojerinde was arraigned on an 18-count bordering on alleged fraud and diversion of public funds to the tune of N5.2 billion during his tenure in the National Examination Council (NECO) and JAMB.
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He however pleaded not guilty to the charges.
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The presiding judge, Justice Obiora Egwuatu had on Tuesday, remanded Ojerinde in prison pending the hearing of his bail application.
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On the resumed hearing on Thursday, July 8 the court granted him bail in the sum of N200 million with two sureties in like sum.
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Ojerinde's lawyer, Olorunnishola had applied for bail for his client on claim of ill health.
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According to bail terms;
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One surety must be a professor in a Federal University and the other must be a property owner in Abuja,
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Their residences must be verified and
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Ojerinde must deposit his passport with the court registrar.
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The matter was adjourned to July 22 and 23 for trial.
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— Faith Ukanwa