By Innocent Anaba
LAGOS — A Federal High Court sitting in Lagos, yesterday admitted two Chinese and a Nigerian to bail in the sum of N10 million with two sureties each in like sum. They were arraigned for importing sub-standard automobile tyres worth about N5 billion.
The accused are Taolung Shen, Xu Jing Yao and Chinedu Madubuike.
The suspected Chinese.
Others included in the charge are two companies, Sino Nigeria Limited and Nedeca International Limited.
They were arraigned by the Attorney-General of the Federation and Minister of Justice.
Trial judge in the matter is Justice Mojisola Olatoregun. The accused persons had pleaded not guilty to the charge, after it was read to them.
Justice Olatoregun while ruling on the bail applications separately filed by defence counsel, Victor Opara and Napoleon Nwachukwu, said the two Chinese nationals should submit their international passports and resident permits to the court’s Deputy Chief Registrar.
The judge also ordered the two companies named in the charge to submit bonds of N10 million each.
The court specifically, told counsel to the two Chinese, Victor Opara that he was known to be a reputable lawyer and should not degrade himself by bringing professional sureties before the court.
Opara commended the court for a well considered ruling and promised not to disappoint the court.
The court therefore, adjourned till May 15, for trial.