Bala was arraigned before Justice A. B. Mohammed of the Federal Capital Territory High Court sitting in Jabi, Abuja on Wednesday February 22, 2017.
He was indicted on a 2-count charge of conspiracy and obtaining by false presence to the tune of N2.5.
The accused was arrested after one Dozie Ugonna filed a petition against him that he dumped him of N2.5m, money meant to be used to buy some materials to neutralize some harmful charms found in a carton containing US dollars.
The accused pleaded not guilty to the charges and he was granted bail of the sum of N2m by presiding justice Mohammed with two sureties of like sum.