Court Grants Bail to B Lord with Strict Conditions

The Federal High Court in Nigeria has granted bail to Linu William, popularly known as B Lord, the chairman of B Lord Group. The court's decision came after William spent time in custody following his high-profile arrest by the Nigeria Police Force's cybercrime unit in Abuja.

His legal troubles began due to serious allegations of cryptocurrency fraud, violations of the Central Bank of Nigeria (CBN) Act, and links to terror financing involving his companies, including B Lord Group and Jetpay. Human rights activist and former presidential candidate Omoyele Sowore confirmed the bail, which was granted on self-recognition, allowing William to regain his freedom while legal proceedings continue.

However, the court imposed strict conditions to ensure his continued appearance at trial, notably ordering him to surrender his international passport to the court's custody to restrict his international travel during the investigation and subsequent hearings.