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Cyber fraud: Court grants Naira Marley N2m bail
HAVING been reprimanded in prison for one week, the federal high court in Lagos has granted Naira Marley bail for the sum of N2million.
The up-and-coming musician who was arrested on May 10 and arraigned on charges of cyberfraud was granted bail with two sureties in like sum at the federal high court, Ikoyi.
Justice Nicholas Oweibo, who ruled over the case, said one of the sureties must be a civil servant not below Grade Level 10, and must own a landed property in Lagos state.
He adjourned the case till October 22 for the trial to commence.
It would be recalled that Azeez Fashola, a.k.a Naira Marley was arraigned by the Economic and Financial Crimes Commission (EFCC) on an 11-count charge for his allegedly propagating cybercrime, possessing counterfeit cards and conspiring to obtain gain.
Rotimi Oyedepo, the prosecuting counsel pleaded that the musician be remanded in prison till the hearing of bail application.
But Taiwo Oreagba, the defence counsel, pleaded that the defendant should rather remain in EFCC custody.