The Managing Director of Tasty Time Nigeria Limited, Mr. Isaac Kole, was today granted a bail of N3 million by a Federal High Court sitting in Lagos.Kole and his company were arraigned before Justice Hadiza Rabiu-Shagari by the National Agency for Food and Drugs Agency Administration Control (NAFDAC), last Thursday, on a four-count charge of producing fake products.
They were also alleged to have package, labeled the said Tasty Time products in a manner likely to create wrong impression that they are genuine.
NAFDAC further alleged that the defendants had also sold the same unregistered products to the general public.
The offences according to the prosecutor, Mrs. Okon Chinyere, are contrary to sections 1(1), 5(a) and 5(e), and punishable under sections 6(1)(a) and 17(4) of Foods and Drugs and related Products Cap. F33, Laws of the Federation of Nigeria, 2004.
The defendant had pleaded not guilty to the charges.
At the resumed hearing of his bail application on Tuesday,, Justice Rabiu-Shagari, while ruling on his bail application, granted him bail in the sum of N3 million with two sureties, one of whom must be a civil servant of the level of director who must produce his letter of employment and last promotion letter.The court further ruled that the sureties who must be residing within the court’s jurisdiction, must depose to affidavit of means, and that the defendant must submit his International passport to the Court’s Deputy Chief Registrar (DCR).
The case was consequently adjourned till November 23, for trial.
