Dokpesi granted N400m bail

The founder of DAAR Communications, High Chief Raymond Dokpesi, was Monday granted bail in the sum of N400 million by the Abuja Division of the Federal High Court.

The court, in a ruling by the trial judge, Justice Gabriel Kolawole, ordered that Dokpesi should produce two sureties who has to deposit N200 million each.

Dokpesi is facing a six-count criminal charge.

The court however said one of the sureties must be a public servant, either serving or retired, not below the level of a Director.

The court also added that the second surety may be an entrepreneur who must submit three years tax clearance.

Justice Kolawole further 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 N200 milion, must depose to an affidavit of means, and that they must submit two recent passport photographs to the Deputy Chief Registrar, DCR, Administration, of the high court.

The founding chairman of DAAR was further directed to surrender his international passport, adding that “If already in custody of the EFCC, it should be delivered to the ‎DCR of the Federal High Court in charge of Litigation”.

The trial judge however directed that Dokpesi should be remanded in prison custody pending the perfection of the bail conditions.

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