Earlier today, a Federal High Court sitting in Lagos granted bail to the Managing Director of Tasty Time Nigeria Limited, Mr. Isaac Kole. The bail was for N3 million.
We previously reported that Mr. Kole and his company were arraigned before Justice Hadiza Rabiu-Shagari by the National Agency for Food and Drugs Agency Administration Control (NAFDAC) on a four-count charge of production of fake products.
In a Charge No. FHC/L/351c/17, NAFDAC alleges that Mr. Kole and his company have used his company located at 1, Kole Street, Ipaja, Lagos, to produce a range of unregistered Tasty Time products which include: Tasty Time juice, Glucosaid Energy drink, Tasty Time Pops orange flavor drink, Tasty Time Fitz Apple drink, and Tasty Time mixed orange flavor drink.
NAFDAC also alleges that the defendants have engaged in activities including the packaging and labeling of their products in a manner likely to create wrong impression that the products 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.
As earlier reported, the defendants have 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.
The case has been adjourned to November 23, for trial.