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BREAKING: Court Grants Emefiele N300m Bail

....the former CBN governor must produce two sureties in like sum

TheOpeyemi A.A² by TheOpeyemi A.A²
November 22, 2023
in BREAKING, National
Reading Time: 1 min read
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Emefiele
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  • Emefiele was not in court during today’s proceedings, having been remanded at Kuje Prison last week.
  • The court adjourned till November 28 for the commencement of trial.

Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), has been granted bail by a federal capital territory high court in the amount of N300 million.

The judge ordered the former governor of CBN to provide two sureties in equal amounts. The titles and certificates of occupancy for the properties held by the sureties must be from within the Maitama district.

Emefiele is required to stay inside the Abuja Municipal Council and to deposit all of his travel documents with the court registrar.

He is expected to remain in Kuje Correctional Centre pending when he meets the bail conditions.

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