News
JUST IN: Court Grants Emefiele N300m Bail
A Federal Capital Territory High Court in Abuja on Wednesday granted a former Governor of the Central Bank, Godwin Emefiele, bail.
He was granted bail in the sum of N300m and two sureties in like sum.
Ruling on his bail application on Wednesday, Justice Hamza Muazu said the sureties must have Certificates of Occupancy and titles of property within the Maitama District.
He also ordered Emefiele to deposit all his travel documents with the registrar of the court and to remain within the Abuja Municipal Area Council.
Muazu held that the former CBN governor be kept in Kuje Correctional Centre till he meets the bail conditions.
Emefiele is standing trial for alleged procurement fraud.
The Federal Government had initially preferred 20 charges of procurement fraud to the tune of N6.5 billion against the former CBN governor.
But the FG reduced the charges to six to the tune of N1.2bn, which he was arraigned on last Friday.
Muazu, at the last proceeding, remanded Emefiele in Kuje prison pending his ruling on the former CBN governor’s bail application.
He adjourned the matter till November 28 for the commencement of trial.
Osun Accord Members Protest Alleged Non-payment of N50m Campaign Fund
Tinubu’s Campaign DG, Yari, Sparks Outrage With ‘Lazy Nigerians’ Hunger Remark
Kwara Council Chairman Confesses To Secret Ransom Payments For Abducted Victims
ADC Seeks Stay Of Execution, Challenges Court Ruling On Mark-Led Leadership
I Owe My 2023 Mandate To Your Support, Tinubu Tells Rivers Residents
I’m a Practising Muslim, But I Support Adekanmbi/Salawu Ticket – Sheikh Akande Replies Aare Musulumi
-
News5 days agoGolden Jubilee: Osun Deputy Governor Launches ₦50m School Project At ACGS Ikirun
-
News4 days ago2027: ‘Zaɓi Accord’ — Northern Residents Sing, Chant Gbenga’s Name
-
News5 days ago‘Justice Should Not Stop When It Rains’ — Osun NBA Chairpersons Tell Adeleke
-
News5 days agoGunmen Abduct 14 Islamiyya Students, Teacher In Niger