July 16, 2024

Court grants Emefiele N300m bail

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Court grants Emefiele N300m bail

An Abuja High Court sitting at Maitama has granted bail to the detained former Governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele, to the tune of N300 million.

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.

It fixed November 28 to commence a full-blown hearing on the six-count charge the Economic and Financial Crimes Commission, EFCC, preferred against the Defendant.

The court had earlier ordered Emefiele to surrender all his travelling documents.

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