Raymond Dokpesi granted N400m bail

Chairman of DAAR Communications, Raymond Dokpesi‎, has been granted bail to the tune of N400 million by the Abuja Division of the Federal High Court.

Justice Gabriel Kolawole ruled on Monday, that Dokpesi should produce two sureties who must deposit N200m each.

According to the court, one of the sureties must be a public servant, either serving or retired, not below the level of a Director, while the second surety may be an entrepreneur who must submit three years tax clearance.

Justice Kolawole held that either of the two sureties must tender title deeds of a landed property in any part of Nigeria, the value of which must not be below N200milion.

The court said the two sureties must depose to an affidavit of means, submit two recent passport photographs to the Deputy Chief Registrar, DCR, Administration, of the high court.

Dokpesi, who is facing a six-count criminal charge, was also instructed to surrender his international passport.

“If already in custody of the EFCC, it should be delivered to the ‎DCR of the Federal High Court in charge of Litigation,” Justice Kolawole said of Dokpesi’s passport.

He ordered that Dokpesi should be remanded in prison custody pending the perfection of the bail conditions.

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