BREAKING: Fmr CBN Gov, Godwin Emefiele, Granted Bail of N300 Million With Two Sureties

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Justice Hamza Muazu of the Federal Capital Territory (FCT) High Court, yesterday, admitted former Central Bank of Nigeria (CBN) governor, Godwin Emefiele, to a N300 million, with two sureties in like sum.

Besides the banker depositing his travel documents, the two sureties must be owners of landed property in Maitama, Abuja, and deposit their certificates of occupancy.

The judge, however, ordered Emefiele’s remand at the Kuje Correctional Centre pending fulfillment of the bail conditions.

Consequently, he fixed November 28 for the commencement of the full trial.

At the last sitting on Friday, the CBN ex-boss had pleaded not guilty to a six-count amended N1.2 billion procurement charge brought against him by the Economic and Financial Crimes Commission (EFCC).

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