After spending two nights in Luzira Maximum Security Prison, businessman Hassan Basajjabalaba was yesterday granted a cash bail of Shs60 million.
Mr Basajjabala was granted bail by presiding Chief Magistrate, Irene Akankwasa of the Anti-Corruption Court. But by press time, he was yet to pay the money.
While granting him bail, the magistrate concurred with the submissions of the defence lawyers that there was no evidence that the businessman would abscond court.
“The law demands that the police criminal summons are to be served personally on the suspect. There is no evidence that the police served him personally,” held the magistrate, adding, “ it’s also not true that the accused was running away since he had been granted bail by Buganda Road Court.”
“He will be given bail but on stringent conditions. The accused is released on a cash bail of Shs60 million, his sureties are each bonded at a non-cash bond of Shs4 million.”
The magistrate also ordered Mr Basajjabalaba to deposit his passport with the court.
Similarly, court issued criminal summons for his brother, Mr Muzamiru Basajjabalaba, to come to court on January 28 to plead to the charges.
Moments after the businessman was granted bail, there were jubilations from his fans who had gathered outside the court premises.