Justice Abike Fadipe made the order after Emilia pleaded not guilty to the six-count charge brought against her by the Economic and Financial Crimes Commission (EFCC).
The EFCC alleged that the defendant with intent to defraud fraudulently obtained the sum of N110 million from one Rachael Akintola and other people and dishonestly converted same to personal use.
Her offences were contrary to section 1(1) of the Advance Fee Fraud Offences Act 2006, section 280(1), (12), 8 (7), 285(1) and 278(1)(b) of the Criminal Laws of Lagos State, 2011 as well as section 328(1) of the Criminal Law of Lagos State 2015.
Following her plea of not guilty, the prosecuting counsel, Innocent Akhanolu, asked for a date for trial and prayed the court order to remand the defendant.
In his response, the defence counsel, Mr. Shina Balogun, informed the court that he had a bail application, which had been served on the prosecution.
The prosecuting counsel confirmed his position before he sought the court’s permission to move the bail application.
In moving the bail application, Balogun told the court that his client is not a flight risk as her passport is with the anti-graft agency and that she is on the path to settlement
Akanwo, who didn’t oppose the bail application, urged the court to grant her a condition that would ensure she didn’t jump bail.
Justice Fadipe in her ruling said that the court is convinced that the defendant is not a flight risk, having not jumped administrative bail at the Commission.
The judge, therefore, granted her bail in the sum of N10 million with a surety who must be a relative and with landed property.
The second defendant was also ordered to enter into a bond of N10 million.
The judge, subsequently adjourned the trial to September 23, while the defendant is to be at the correctional centre, pending the perfection of her bail conditions.