Politics
Breaking News: Former CBN Governor Emefiele Granted N300 Million Bail By Court
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Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been granted bail by a High Court of the Federal Capital Territory (FCT) in Maitama. The bail, set at N300 million, was issued in a ruling on Wednesday by Justice Hamza Muazu…CONTINUE READING
According to the terms of the bail, Emefiele is required to provide two sureties with landed property in the Maitama District of the FCT.
Notably, Emefiele was not present in court for the proceedings, as he had been remanded at Kuje Prison the previous week.
Two weeks earlier, another FCT High Court had ordered Emefiele’s release in a fundamental human rights suit he filed against the federal government. The court has adjourned the case until November 28 for the commencement of the trial.
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