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Court grants former CBN Gov. Godwin Emefiele N300m bail

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Court grants former CBN Gov. Godwin Emefiele N300m bail

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

Justice Hamza Muazu, presiding over the court, further ordered Emefiele to produce two sureties residing within the Federal Capital Territory, Abuja, with landed property in the Maitama District.

READ ALSO: Court sends ex-CBN Governor Emefiele to Kuje prison

The court has fixed November 28 for the full-blown hearing on the six-count charge filed against the Defendant by the Economic and Financial Crimes Commission (EFCC).

Additionally, the court had earlier directed Emefiele to surrender all his traveling documents.

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