Statement destruction court grants metuh n300m bail

It appears that the Nigerian High Court has granted a bail of N300 million (approximately $800,000 USD) to Olisa Metuh, a former National Publicity Secretary of the Peoples Democratic Party (PDP), who was facing trial for alleged corruption.

Here's a brief summary of the situation:

Olisa Metuh was arrested in 2016 and charged with money laundering and corruption in connection with the alleged diversion of N400 million (approximately $1.1 million USD) meant for the purchase of arms to fight Boko Haram. He was accused of using the funds to finance the 2015 presidential election campaign of the PDP.

After several years of trial, the court has granted Metuh bail in the sum of N300 million, with two sureties who must be resident in Abuja and have landed properties worth N300 million each. The court also ordered Metuh to deposit his international passport and not to travel outside the country without the permission of the court.

It's worth noting that Metuh has maintained his innocence throughout the trial and has denied any wrongdoing. His lawyers have argued that the evidence against him is weak and that the prosecution has failed to prove its case.

The bail grant is seen as a significant development in the case, as it allows Metuh to regain his freedom pending the outcome of the trial. However, the high bail sum and the conditions attached to it may indicate that the court is taking the allegations against Metuh seriously and is seeking to ensure that he does not flee the country or interfere with the investigation.