The Federal Capital Territory High Court has adjourned till January 18, 2024, for the continuation of the trial in the alleged procurement fraud suit against a former Central Bank of Nigeria’s Governor, Godwin Emefiele.
Emefiele was accused of using his position to confer a corrupt advantage on Sa’adatu Yaro, a staff member of the CBN by awarding a contract for the procurement of 43 vehicles worth N1.2 billion between 2018 and 2020.
He was subsequently remanded at the Kuje Correctional Centre pending a ruling on his bail application on November 22.
Justice Hamza Muazu, however, granted Emefiele bail in the sum of N300 million.
He added that the former CBN governor must produce two sureties in like sum.
The judge noted that the sureties must have certificates of occupancy and titles of properties within the Maitama district in Abuja
Emefiele has yet to meet his bail conditions as he was brought to court and taken away by armed personnel of the Nigerian Correctional Service.
- BREAKING: Philip Shaibu Wins Edo PDP Parallel Gov Primaries
- JUST IN:FG Stops Export Of Cooking Gas To Reduce Price
- BREAKING: Ex-Barcelona Star Dani Alves Sentenced To Four Years In Jail
- State Govt Declares Masquerade Wanted For Punishing 71-Yr-Old Man To Death
- Osun: CDHR Calls For Strict Compliance To Teachers Retirement Elongation Policy
Education3 days ago
Tragedy As OAU Loses Staff To Lion Attack
Sports5 days ago
5 Super Eagles Players That Won Nigerians’ Hearts During 2023 AFCON
News2 days ago
Osun: NUT Urges Transparency In Teachers’ Recruitment
News1 day ago
NMCN Registrar Explains Why Enrolment Of Nursing Students Increased To 68,000