An Abuja division of the Federal High Court has granted Ms Grace Taiga, former Director of Legal Services, Ministry of Petroleum Resources a N30 million bail in the multiple fraud case involving Process and Industrial Development Limited (P&ID).
The presiding judge, Justice Obiora Egwuatu on Wednesday held that Taiga should meet her bail conditions. He then adjourned the matter to January 17, 2022, for commencement of trial.
According to the News Agency of Nigeria, The Economic and Financial Crimes Commission (EFCC) re-arraigned Taiga on October 7 on a seven-count charge bordering on money laundering offences.
The judge granted her bail of N30 million and ordered her to produce two sureties in the like sum who must be resident in the Federal Capital Territory with evidence of Tax clearance,
One of the sureties must have a property within FCT whose title document will be deposited with the Deputy Chief Registrar of the court.
Justice Obiora ordered Taiga to deposit her international passport with the Deputy Chief Registrar and get the court’s permission before leaving the country.
What you should know
Taiga was arraigned on September 20, 2019 at the FCT high court App for her involvement in the controversial contract Nigeria signed with P&ID in 2018.
Ola Olanipekun(SAN), her lawyer, had filed a bail application on her behalf dated March 18 2021 on the ground of ill health.
On October 7, Taiga pleaded not guilty to the nine count-charge proffered against her before Justice Egwatu.
P&ID is an Irish engineering company, awarded $6.6 billion in an arbitration decision over a failed project to build a gas processing plant in the Southern Nigerian city of Calabar in Cross River State.