News Update: Chidi Lloyd Granted N10m Bail

Chidi Lloyd, the embattled leader of the Rivers House of Assembly, was granted bail by Justice Latan Nyordee of a Federal High Court, Port Harcourt, this morning with the sum of N10 million and three sureties who must have landed properties in the state capital.

He was ordered to deposit his international passport before the court.

At the time of this report, Lloyd and his legal team were processing his bail papers.

However, there were fears that the embattled lawmaker may be re-arrested by officials of Economical Financial Crimes Commission, EFCC, who have been interrogating him on the financial management of the Rivers Assembly.

Meanwhile, there have been mixed reactions to the bail. The Deputy Speaker of the House, Leyii Kwanee, commended the courage of the Judge for doing what is right in the eyes of the law, especially when a suspect is deemed innocent until proven guilty and Lloyd had been denied medical attention since incarceration on 26 July to date.

However, Jerry Needam, the Media Special Adviser to Felix Obuah, a factional leader of the Peoples Democratic Party, PDP, in Rivers State, condemned the bail granted the lawmaker.

“This is a shame. We are not surprised that he has been granted bail. We alerted Rivers people that immediately the state Attorney General took over the case yesterday that Chidi Lloyd would be granted bail. I hear some people are happy. What are they happy about?”

On what his party would do, he said that the matter would not be left lying low until justice is seen to be done.

“We are talking about a case of somebody we attempted to kill his fellow colleague and that person is lying critically ill in the hospital.”

At the time of the report, Lloyd was being escorted to Port Harcourt prisons to finalise his bail papers.