Opposition legislator in the Bahamas, Adrian Gibson, was granted $150,000 bail after appearing in court on Monday afternoon on charges of abuse of power while serving as executive chairman of the Water and Sewerage Corporation.
The 37-year-old legislator, who is also an attorney, and six other defendants were all remanded in custody until their bail was signed.
Gibson appeared in court on a total of 56 counts on allegations that he failed to declare his interest in contracts awarded by the corporation.
He faced 31 of his 56 charges alone, while together with the remaining six accused, he faced a combined total of 101 charges.
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 that he laundered the illicitly obtained funds by purchasing properties and vehicles.
Gibson was not required to plead to the charges.
