Lamido, his sons, Aminu and Mustapha were re-arraigned alongside Aminu Abubakar, Batholomew Agoha and three companies on an amended charge of 43-counts bordering on money laundering and illegal diversion of public funds.
They all pleaded not guilty to the charges.
Justice Quadri admitted Lamido to bail in the sum of N100 million and two sureties in like sum while his sons and the other defendants were admitted to bail in the sum of N50 million each and two sureties each in like sum.
The sureties for Lamido must have landed property that is not encumbered and depose to an affidavit that they are willing to forfeit the property to the Federal Government should he breach his bail condition.
The sureties for the other defendants must be civil servants in any ministry from grade level 15 and above who must present their tax clearance certificate for the last three years.
They must also have more years in service and produce a letter from the heads of their various ministries that they have no criminal record and have never been indicted before.
Other conditions of the bail include that the EFCC, which is the prosecuting agency, must verify the addresses of the sureties.
The judge ordered the defendants to also deposit their international passports with the registrar of the court and must not under any circumstance, travel out of the country without the permission of the court.
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