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Dokpesi Court grants AIT Chairman N400M bail

Dokpesi is expected to produce two sureties with N200 million each to fulfill the bail conditions.

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The Federal High Court in Abuja has granted bail to the Chairman of Africa Independent Television (AIT), Raymond Dokpesi after he was charged with money laundering by the Economic and Financial Crimes Commission (EFCC).

Dokpesi is expected to produce two sureties with N200 million each to fulfill the bail conditions.

According to presiding judge, Justice Gabriel Kolawole the first surety should be a serving or retired director in the civil service while the second surety should be a private investor who has paid tax for at least the last three years.

Dokpesi was also ordered to submit his passport to the court’s registrar within 24 hours and will be remanded at the Kuje Prisons till the bail conditions are met.

The AIT Chairman is alleged to have received N2.1 billion in laundered funds from former National Security Adviser, Sambo Dasuki.

Dasuki is at the center of the massive money laundering investigation and is alleged to have supervised the looting of $2 billion in  funds which were meant for the procurement of arms for Nigeria's military.

He was arrested by the Department of State Services (DSS) on December 1, 2015 and handed over to the EFCC the day after.

READ: Buhari orders Dasuki's arrest

The former NSA is reported to have implicated several prominent persons in the deal including former governors, ex-ministers and members of the PDP.

READ: Dasuki has started confessing

Dasuki’s lawyer however denied the report that his client had become an informant while the former NSA said that ex-President, Goodluck Jonathan was aware of the transactions he had made.

READ: Bafarawa reportedly received N4.6 billion from Dasuki for spiritual purposes

Jonathan has however denied authorizing the release of the stated funds despite the former NSA’s claim that he got the necessary presidential approval for the transactions.


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Should Dokpesi be jailed over fraud?»

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