THE LEGAL BATTLE BETWEEN THE FEDERAL GOVERNMENT AND PROCESS AND INDUSTRIAL DEVELOPMENT (P&ID) OVER THE FAILED OIL CONTRACT IS NOT OVER YET, AS A FEDERAL CAPITAL TERRITORY HIGH COURT TODAY GRANTED BAIL TO A FORMER DIRECTOR OF LEGAL AFFAIRS AT THE MINISTRY OF PETROLEUM RESOURCES, MISSUS GRACE TAIGA WHO WAS ARRAIGNED FOR HER ALLEGED INVOLVEMENT IN THE CONTROVERSIAL CONTRACT.
THE COURT IN A RULING TODAY SAID THE PROSECUTION FAILED WOEFULLY TO PROVIDE REASONS WHY THE DEFENDANT SHOULD NOT BE GRANTED BAIL. SHE WAS THEREFORE GRANTED BAIL IN THE SUM OF TEN MILLION NAIRA AND TWO SURETIES IN LIKE SUM.
THE COURT PRESIDED OVER BY JUSTICE OLUKAYODE ADENIYI HOWEVER RULED THAT IT WOULD NOT MAKE ANY ORDER FOR MRS TAIGA TO SUBMIT HER INTERNATIONAL PASSPORT BECAUSE OF HER HEALTH CONDITION, BUT SHE MUST NONETHELESS NOT LEAVE THE COUNTRY WITHOUT FIRST INFORMING THE COURT AND HER SURETIES.
MRS TAIGA IS ACCUSED OF FACILITATING THE CONTROVERSIAL CONTRACT AND SECURING GRATIFICATION TO THE TUNE OF OVER $20, 000 WHILE SHE SERVED AT THE MINISTRY IN 2010.
THE CONTRACT REACHED BETWEEN NIGERIA AND P&ID AN IRISH MULTINATIONAL FIRM HAD RESULTED IN A $9.6 BILLION JUDGEMENT DEBT AGAINST NIGERIA BY A COURT IN THE QUOTED KINGDOM.
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