Iwu Finally Meet Court’s Bail Terms After Eight Days In Prison Custody

Former Chairman of the Independent National Electoral Commission (INEC), Professor Maurice Iwu, has left prison custody, after he finally met the conditions of bail granted him by a federal high court.

Iwu met the bail conditions last Friday, more than a week after Justice Chuka Obiozor of Federal High Court, Lagos last August 8 granted him bail in the alleged n1.2 billion laundering case, linked to the 2015 polls bribery case.

Justice Obiozor had granted Iwu to a bail in the sum of n1 billion, and two sureties in like sum.

One of the sureties, according to the judge, must be a civil servant on the salary grade level 16, or a professor, with the statement of his bank account submitted.

The second surety must live in Lagos, and present receipts of land use charge and three year tax, as well as his bank account.

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