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News

Former CBN Governor, Godwin Emefiele, Granted N300m Bail

Muhammad A. Aliyu
By Muhammad A. Aliyu
Published: November 22, 2023
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1 Min Read
Godwin Emefiele
Godwin Emefiele
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The former Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has been granted bail by an Abuja High Court sitting at Maitama.

The bail, set at N300 million, was awarded by Justice Hamza Muazu.

In addition to the bail amount, the court directed Emefiele to provide two sureties, both of whom must be residents within the Federal Capital Territory, Abuja. The sureties are also required to possess landed property within the Maitama District.

The court has scheduled November 28 to initiate a full-blown hearing on the six-count charge brought against Emefiele by the Economic and Financial Crimes Commission (EFCC).

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Emefiele, who had been detained, was earlier ordered by the court to surrender all his travelling documents.

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ByMuhammad A. Aliyu
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Muhammad Ameer Aliyu, is a prolific journalist who joined Okay Nigeria in 2015 with the aim staying committed to bringing more positive growth to the digital news platform. He is the Senior Editor at Okay Nigeria.
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