The Federal High Court, Abuja, on Monday granted Abdulrasheed Maina, the former Chairman, defunct Pension Reform Task Team, a bail of N1bn.
Justice Okon Abang, who is the presiding judge, gave the judgement, adding that he must provide two sureties who are serving senators of the Federal Republic of Nigeria.
The two senators for sureties must not be on court trial of criminal offenses in the country.
He also stated that they must be ready for an N500m bond each, must be in court with the defendant at each adjourned date.
According to the judge, the trial would be daily in subsequent proceedings.