His co-accused, Rodney Chin was also released on 10 million dollars bail this afternoon, while Mr. Spencer's personal Assistant Coleen Wright was granted 5 million dollars bail.

All three were also ordered to surrender their travel documents by the judge in the Half Way Tree Resident Magistrate's Court today.

They are to return to court on March 26.

The news of Mr. Spencer's release has come as a surprise, as yesterday the police said the North East St. Elizabeth MP would not face the court  before Thursday.

The former PNP spokesperson on Mining and Energy was represented by Attorneys at Law Patrick Atkinson and Debra Martin.

Yesterday the police slapped Mr. Spencer with 7 charges, three of which related to Conspiracy to defraud.

There was a fourth charge under the Anti Corruption Act, relating to 3 point 1 million Jamaican dollars the police say Mr. Spencer received from Mr. Rodney Chin on July 30, 2007.

He is also facing three Money Laundering offences; including a charge of Concealing and Disguising Criminal Property, which amounted to US 37 thousand 836 dollars on September 14, 2007.

There was also Transferring Criminal Property from Jamaica, in the amount of US 64 thousand, 576 dollars on July 30, 2007; and Engaging in a Transaction with Criminal Property, of 3 million Jamaican dollars also on July 30, 2007.

Mr. Spencer along with for associate to the project Coleen Wright and Director of Universal Management Company Limited, UMD, Rodney Chin all spent the night in jail after they were slapped with multiple charges by members of the Organised Crime Investigation Division yesterday evening.

The 33 year old former government Junior Minister was responsible for the management of the Cuban light blub project under the People's National Party administration.

Under the project, 4 million energy saving light bulbs, which were a donation from the Cuban government, were to be distributed to Jamaicans, free of charge.

The programme ended up costing the government millions and upon taking office last September, the new Energy Minister, Clive Mullings informed Parliament that there were several discrepancies unearthed as it regards how the initiative was executed.

Officials of the People's National Party were, up until news time, still deliberating on the next course of action for the party after member, Kern Spencer, was slapped with corruption related charges by the police yesterday.

Mr. Spencer along with two other persons were charged with up to 7 counts of various corruption related offences stemming from their association with the Cuban light bulb distribution project for which he played a key role.

It's thought that this afternoon's meeting was called to determine whether the Party will ask Mr. Spencer to resign his position as Member of Parliament for North East St. Elizabeth.

When the issue was brought to light by Energy Minister, Clive Mullings, Mr. Spencer and Former Minister, Phillip Paulwell resigned as shadow portfolio ministers.

The PNP in responding to the news that Mr. Spencer was officially charged, issued a release last night indicating that it wishes to reaffirm its stance against any involvement in acts of corruption and firmly believes that the rule of law should take its course.

The party also urged that the question of Mr. Spencer’s innocence or guilt be left to the determination of the Courts.

The police have swept under the rug recent accusations leveled at them by attorney's representing Kern Spencer and 2 other co-accused persons, who were yesterday charged for their involvement in the Cuban Light Bulb Scandal.

The attorneys questioned the police's loyalties and accused them of divulging information about the case to the media before informing them.

When contacted, Assistant Commissioner of Police, ACP Les Green, said the accusations did not warrant a response from the police.

In the meantime, Patrick Atkinson, one of the lawyers retained by Mr. Spencer, has dubbed the media attention paid to the MP's role in the Cuban light Bulb project as a witch hunt.

Mr. Atkinson says he has a problem with the way in which the case has gotten to the stage that it is currently at; citing some measure of inappropriateness in the handling of the case thus far.

Mr. Atkinson says due process should be allowed to take its course.

He points out that Mr. Spencer has not been given the same treatment that a normal citizen would have received, because of the media glare.

Mr. Spencer, along with his two co-accused, are to face the Half Way Tree resident magistrates court tomorrow, where their lawyers are expected to make bail applications on their behalf.