Breaking: Court Grants Emefiele N300m Bail
Breaking: Court Grants Emefiele N300m Bail
A Federal Capital Territory (FCT) High Court sitting in Maitama, Abuja, has granted N300 million bail to former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.
The embattled former CBN governor had been remanded at the Kuje Correctional Centre by the FCT High Court.
He directed that Emefiele must produce two sureties who have landed property in Maitama District of the FCT, as condition for his bail perfection.
The court, in a ruling that was delivered by Justice Hamza Muazu, further ordered the embattled erstwhile CBN boss to produce two sureties, who must be resident within the Federal Capital Territory, Abuja, and have landed property within the Maitama District.
The court had earlier ordered Emefiele to surrender all his travelling documents.
The case was then adjourned till November 28 for trial.
Emefiele was granted bail on the court’s previous sitting on November 8.
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