A statement on Friday by the ICPC spokesperson, Mrs Azuka Ogugua, said the defendant pleaded not guilty to the charge.
The defence counsel, G. Joshua, who had earlier submitted a written bail application, prayed the court to grant his client bail, stating that his client was “a man of credible personality” that would not jump bail.
The ICPC counsel, O.J. Ochigbo did not oppose the bail but said the court should grant him bail with stringent conditions.
“The Presiding Judge, Justice Buba Ibrahim, therefore, granted bail to the defendant in the sum of N5m and two reliable sureties in like sum.
“Justice Ibrahim also asked the defendant and his sureties to submit two passport photographs each to the court, and thereafter, adjourned the matter to the 21st of October 2021 for hearing,” the statement read.