The Federal High Court in Abuja on Monday admitted the former Chairman of the defunct Pension Reform Task Team to bail in the sum of N1 billion.

Delivering the ruling, Justice Okon Abang also ordered that Maina must produce two sureties who must be serving senators and who must not be standing any criminal trial in any court in the country.

The Judge also ruled that the two sureties, who he said must be prepared for a N500 million bond each must always be in court with the defendant at each adjourned date.

Maina who came into the court supported by a walking stick is standing trial on alleged money laundering charge involving over N2 billion instituted against him by the Economic and Financial Crimes Commission (EFCC).

Justice Abang had on November 21 fixed today, Monday for hearing on the bail application and for continuation of Maina’s trial.

The judge accused the Nigerian Correctional Services of compounding the issue before the court by failing to produce a medical report on Maina’s health status days after the order to that effect was made.

He therefore ruled that the trial would be on a day-to-day basis in subsequent proceedings as it was previously stalled in the last adjourned date due to Maina’s worsening health condition.

The anti-graft agency had on October 25 charged the defendant before the court alongside his firm, Common Input Property and Investment Ltd.