Former education minister Ruel Reid and his four co-accused were granted bail when they appeared in the Corporate Area Criminal Court Thursday morning.
Mr. Reid, his wife Sharen and their daughter Sharelle, along with Caribbean Maritime University (CMU) President Professor Fritz Pinnock and Kim Brown Lawrence, Councillor for the Brown's Town Division in St. Ann, have been charged with breaches of the Corruption Prevention Act, Conspiracy to Defraud, Misconduct in a Public Office at Common Law and breaches of the Proceeds of Crime Act.
The charges are in relation to a major probe into allegations of corruption, fraud and misappropriation of funds involving the Education Ministry and the Caribbean Maritime University.
Mr. Reid was granted bail in the sum of $3 million with surety, his wife in the sum of $1 million, while their daughter, Sharelle, was offered bail in the sum of $500,000.
CMU President Professor Fritz Pinnock was granted bail in the sum of $2 million.
The fifth accused, Kim Brown Lawrence, was granted $1 million bail.
All were ordered to surrender their travel documents and report twice weekly to a police station.
The judge also ordered that they be fingerprinted and not be seen at the Ministry of Education or Caribbean Maritime University.
The matter will again be heard on January 23.