…and 15 days grace***
The ex-President of the Nigeria Shipowners Association, (NISA), Capt. Dada Labinjo was on Monday granted a N10m bail by a Lagos Federal High Court, over alleged dealing in petroleum products without authorization.
The NISA leader was arraigned alongside two others on two counts. One of the defendants was Labinjo’s wife, Bola Labinjo, a Navy Lieutenant Commander.
Part of the bail conditions, according to Justice Muslim Hassan was that Capt. Labinjo must produce one surety, with landed property in Lagos and must have evidence of payment of three-year tax.
He is expected to meet the bail conditions within 15 days, during which he is also released to his lawyer, Jerry Omoregie, to enable him meet the bail conditions.
However, the lawyer was asked to drop his Certificate of Call to Bar with the court’s registrar as surety, that his client would always be available for trial, as they all pleaded not guilty.