Shema was dragged before the court by the Economic and Financial Crime Commission EFCC on a 26 count charge of alleged money laundering of about N5.77b of Subsidy Reinvestment Program.
The court, led by Justice Babagana Ashgar had in its last sitting (24-4-18) remanded Shema in EFCC facility till April yesterday when it will determine his bail application before it.
At resume sitting, Shema's counsel JB Daudu SAN while moving the bail application said his client is a man who has great respect for the judiciary and will not jump bail noting that already he is on an administrative bail from the EFCC and another one at Katsina High court.
The EFCC counsel Dr. JO Olatoke SAN vehemently opposed on the ground that Shema had tried to secure his International Passport a move that shows his intent to jump bail.
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