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Alleged money laundering: Ex-Warri Refinery MD Yisawu gets N500m bail

Alleged money laundering: Ex-Warri Refinery MD Yisawu gets N500m bail

By GhanaSummary NewsroomNigeria

Consequently, relying on Section 162 of the Administration of Criminal Justice Act (ACJA), 2015, the court granted the defendant bail in the sum of N500 million, with one surety in like sum.

Iheanacho, SAN, urged the court to consider a counter-affidavit the anti-graft agency filed to challenge the release of the defendant on bail.

Furthermore, the anti-graft agency told the court that the defendant made cash payments totalling $122,600 through one Rasheed Olaitan Yusuf, without recourse to any financial institution.

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