The former Secretary-General of the Federation, Babachir Lawal and two others were granted bail by a Federal High Court in Abuja.
The court on Wednesday granted them bail in the sum of N50m each with one surety.
The sureties must be residents within the jurisdiction of the court; they must possess titles to lands within the jurisdiction of the court, show evidence of payment of tax for the past three years.
The court further noted that each of the defendants is to deposit their international passport with the court pending the fulfilment of the bail conditions and are to remain in the custody of the Economic and Financial Crimes Commission (EFCC).
Mr Babachir is being accused of diverting funds meant for the clearing of evasive plants in the troubled northeast.
Next trial has been fixed for March 18, 2019.