A Chief Magistrate Court in Port Harcourt, Rivers State has granted bail to the tune of N100 million to a former governorship aspirant in Anambra state, Walter Ubaka Okeke, over alleged stealing of oil drilling pipes and much heavy-duty equipment worth over N800 million.
The former gubernatorial aspirant is facing a trial in suit number PMC/884c/2022, before Chief Magistrate, A. O. Amadi-Nna.
The embattled ex-Anambra guber aspirant, Okeke, has been in detention for over one month in the Port Harcourt correctional center following an order of arrest by the court.
When the matter was mentioned yesterday, the Chief Magistrate ruled on the application for bail and the objection raised by the prosecution led by Godday Amadi and granted the accused bail with the like sum of N100 million.
The trial magistrate, however, adjourned the matter till February 7, 2023, for a hearing.
Speaking to journalists outside the courtroom, counsel to the defendant, Oluchukwu Ulasi, expressed gratitude for the bail granted and said they would go about perfecting it.