Alleged N107m fraud: Court grants Ex- SMEDAN DG bail

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Bature Masari was arraigned on a 17-count charge bordering on money laundering and gratification crime.

The Federal High Court Abuja, on Friday, admitted Bature Masari, former Director- General, Small and Medium Enterprise and Development Agency to bail in the sum of N30 million.

The anti-graft agency accused him of being involved in a N107.7 million money laundering and proceeds of gratification crime. The judge upheld the arguments of Mahmud Magaji, counsel to Mr Masari noting that the paramount thing to consider in granting bail was to ensure that the defendant continued to attend court to stand his trial.

 

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