A Federal Capital Territory high court has adjourned till today the ruling on the bail application of former Accountant-General of the Federation, Ahmed Idris, and three others over a ?109.5 billion fraud allegation.
The others are Olusegun Akindele, Mohammed Usman, and Gezawa Commodity Market and Exchange Limited.
The Economic and Financial Crime Commission had on Friday arraigned the defendants on a 14-count charge.
Justice Adeyemi Ajayi fixed the date after listening to submissions of all parties in the matter. The court also ordered that the defendants be remanded at the Kuje Correctional Centre.
At the resumed sitting, counsel to Idris prayed the court to grant his client bail in liberal terms, saying the offense he was charged with attracts bail since it is not a capital offense. Lawyers for the other defendants aligned with Idris’ attorney.
The prosecution counsel, while rejecting the bail, had insisted that misappropriation of public funds by public officers was akin to genocide and crime against people.