A Federal High Court sitting in Lagos has granted bail to the embattled senator representing Delta North Senatorial District, Peter Nwaoboshi, who is docked over alleged fraud.
Justice Mohammed Idris of the Federal High Court, granted the senator bail on self recognition.
The court also ordered the senator to provide two sureties, who must furnish the court with bond of N50 million each, and that the defendant must deposit his international passport, and must not travel out of the court’s jurisdiction without notifying the court.
The senator was however given 72 hours to meet the bail terms.
Senator Nwaoboshi, alongside his two companies, Golden Touch Construction Projects Limited and Summing Electrical Limited, were arraigned before the court last Wednesday, by the Economic and Financial Crimes Commission (EFCC), on a two count-charge, relating to fraud.