The Federal High Court, Katsina, has granted bail to the former governor of Katsina State, Ibrahim Shema, who is standing trial on alleged N5.7 billion money laundering charge.
Vanguard reports that Ex-Gov Ibrahim Shema of Katsina State The EFCC arraigned Shema on a 26- count charge bordering on alleged money laundering of N5.7 billion SURE-P state funds.
The trial had to start afresh following the transfer of the trial judge, Justice Babagana Ashigar, who was replaced with Justice Hadiza Rabiu Shagari.
The charges contravene section 15 (2)(d) of the Money Laundering Prohibition Act, 2011 as amended and punishable under section 15 (3) of the same act.
When the charges were read to him again, Shema pleaded not guilty to all the 26 counts leveled against him.
The defense counsel, Mr A.T Kehinde, (SAN), moved application for his client to continue to enjoy the bail earlier granted to him.
The prosecution counsel, Mr Jibrin Okutepa, (SAN), did not object to the bail application of the defendant.
He informed the court that the Administration of Criminal Justice Act provided that an accused already granted bail could continue to enjoy the terms of the previous bail conditions.
The previous bail conditions, the court directed the defendant to deposit his international passport in the court registry.
Justice Hadiza Rabiu Shagari, therefore, granted the former governor bail on the conditions previously provided by the court and adjourned the case to Nov. 13, for trial.
Katsina post had earlier reports that Ex-Gov. Shema is also standing trial along with three others before the state high court on allege 11bn Local Government funds embezzlement while in office.