Justice Gabriel Kolawole of the Federal High Court in Abuja, on Monday, granted bail to the founder of Daar Communication Plc, Raymond Dokpesi, in a money laundering suit brought against him by the Federal Government.
Facing a six-month charge of money laundering, the unshaven Dokpesi was granted bail on the condition that he provides two sureties with N200 million each. The judge ruled that one of the sureties should be a serving or retired director in the civil service, while the other must be private citizen who has paid tax for at least the last three years.
Justice Kolawole also said Dokpesi should not be rearrested for questioning for over eight and a half hours any time the EFCC plans to continue with the investigation.
“It should be no more than 10am to 6pm, any day,” the judge said.
He is to be remanded in Kuje prison until he meets the bail conditions.
