The Federal High Court in Calabar, Cross River State has granted a bail of N10 million to Journalist Agba Jalingo on Thursday.
Faced with a four-count charge bordering on terrorism and treason, Agba was granted bail with one surety in like sum.
Justice Sule Shuaibu gave the bail pronouncement noting that “the surety is expected to deposit N700,000 cash with the registrar of the court who will then pay it into an interest yielding account with a commercial bank.”
The surety must be resident within the jurisdiction of the court with a verifiable address and show means that he will be able to forfeit the bail bond.
“Agba Jalingo must depose to an oath that he will be available in court while he and his surety must present two passport photographs.”
The Judge also ordered the journalist not to travel outside the country without the consent of the court.
The matter was adjourned till 6th, 7th and 8th of April 2020 for the prosecution to open and close its case while other motions may be treated before that day.
Jalingo, a publisher of CrossRiverWatch, was arrested on August 22 after a report alleging that the Cross River State Governor, Ben Ayade diverted N500 million belonging to the state.