A former Managing Director of Kano Agricultural Supply Company, Bala Muhammad, and his son, Bala Jnr., have been granted bail by the Kano High Court in a case related to the alleged diversion of N4 billion state funds.
The charges include criminal breach of trust, making false statements or returns, and official corruption.
The defendants, who pleaded not guilty to the charges on November 2, 2023, were remanded in custody. However, at the recent court sitting, Justice Hafsat Sani granted bail to the defendants.
The conditions for bail include two sureties who must swear to an affidavit of means, demonstrating gainful employment or engagement.
The sureties are required to support the affidavit with documents indicating an ongoing registered business, office address, and residential addresses. Additionally, tax documents covering three preceding years must be presented and verified by the court registrar.
The police attached to the court must submit an affidavit confirming all information provided in the sureties’ affidavits.
Muhammad is also mandated to obtain a letter of identification from a responsible citizen of Nigeria working or doing business within the court’s territorial jurisdiction. All sureties must be residents of Kano metropolis.
The hearing for the main suit is scheduled to commence on December 6, 2023.
