June 17, 2022 | Colin O. Jarrett | Bahamian Opposition Legislator Adrian Gibson has been granted bail in the sum of 150,000 US dollars after he appeared in court on Monday on charges of abuse of power while he served as Executive Chairman of the Water and Sewerage Corporation.
However, Gibson, 37 years, an Attorney and six other defendants, were all remanded into custody until their bail is signed.
Gibson faces a total of 56 counts of allegations that he failed to declare his interest in contracts awarded by the Corporation.
Prosecutors allege that Gibson gained a financial advantage of more than one million US dollars from contracts granted to a Maintenance and Restoration Company and he laundered the illicitly obtained funds by purchasing properties and vehicles.
Gibson was not required to plead to the charges.
Bahamas Opposition Legislator Adrian Gibson Arrested On Several Charges: By Santana Salmon CNWaa Bahamian Opposition legislator, Adrian Gibson, has been granted US$150,000 bail after he appeared in court on Monday on charges of abuse of power while he… https://t.co/JwN3NWA7Vn
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