GOV. LAMIDO'S SON GRANTED BAIL!

A Federal High Court sitting Kano has fixed March 18 and 19, 2013 for hearing of the substantive case against Aminu Lamido, the 34-year- old son of Jigawa State governor,  Sule Lamido. The suspect is being prosecuted by the Economic and financial Crimes Commission, EFCC, on a one-count charge of money laundering. When he was arraigned before Justice Fatu Riman on Monday, Mr. Lamido pleaded not guilty to the charge and was remanded in prison pending hearing of his application for bail. At the resumed hearing on Tuesday, Justice Riman granted the accused person bail in the sum of N8 million and two sureties in like sum. The sureties must be civil servants of not less than grade level 14. Mr. Lamido was arrested by operatives of the EFCC at the Mallam Aminu Kano International Airport Kano on December 11, 2012 on his way to Cairo, Egypt. He was arrested for failure to declare the $50,000 (N7.5 million) in his possession. He only declared $10,000 (N1.5 million) to the Nigerian Customs. The charge against the accused reads: “that you Aminu Sule Lamido on or about 11th day of December, 2012 at the Mallam Aminu International Airport, Kano within the Jurisdiction of the Federal High Court while transporting in cash, the sum of $50,000 (Fifty Thousand Dollars Only) from Nigeria to Cairo, Egypt, falsely declare to the Nigerian Customs the sum of $10,000 (Ten Thousand Dollars Only) instead of the said sum of $50,000 (Fifty Thousand Dollars Only) as required under Section 12 of the Foreign Exchange (Monitoring and Miscellaneous Provisions) Act Cap F34 Laws of the Federation of Nigeria 2004 and Section 2(3) of the Money Laundering (Prohibition) Act, 2011 and thereby committed an offence punishable under section 2(5) of the Money Laundering (Prohibition) Act 2011”.