The Federal High Court in Abuja has granted bail to Mr. Gabriel Suswam, former governor of Benue State, in the sum of N500 million with one surety in like sum.
He is facing a three-count charge of illegal possession of firearms and money laundering.
Suswam was alleged to have illegally concealed weapons in his Mercedes Benz car, an offence, the Federal Government said was contrary to Section 3 of the Firearms Act Laws of Federation of Nigeria 2004.
He was also accused of converting 25 designer wrist watches worth several millions of naira being properties he derived directly from corruption and concealed in his vehicle thereby committed an offence contrary to Section 15 of the Money Laundering Act.
He pleaded not guilty to all the charges presented by the Prosecution Counsel, Mr. Abubakar Alilu, who prayed the court for a date to commence trial.
Alilu prayed the court to also remand the accused in prison pending the hearing and determination of the charge against him.
The former governor was however granted bail on Friday by Justice Babatunde Quadiri who ordered that the surety, “must be a resident of the Federal Capital Territory (FCT)’’.
The surety, he ordered, should also swear to an affidavit of means and with a verifiable residential address.
The surety, the court held must also submit one of his passport photograph to the court as part of the bail conditions for the former governor.
The case was adjourned until October 24.
He was arraigned two weeks after the Department of State Services (DSS) arrested him allegedly over security issues in Benue.