Nigeria: Court Grants Emefiele N300m Bail

22 November 2023
Vanguard (Lagos)
By Ikechukwu Nnochiri

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 N300million.

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 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.

Read the original article on Vanguard.

Tagged:
Copyright © 2023 Vanguard. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.