BREAKING: Court Grants Emefiele N300m Bail, Gives Conditions

Eko Hot Blog reports that an FCT High Court on Wednesday admitted the suspended Central Bank of Nigeria (CBN) Godwin Emefiele to bail in the sum of N300 million.

Justice Hamza Muazu also ordered Emefiele to produce two sureties in like sum.

Muazu ordered that the sureties must have certificates of occupancy and titles of properties within the Maitama District.

Emefiele is mandated to deposit all his travel documents with the registrar of the court and must remain within the Abuja Municipal Council.

Emefiele In Court

He is expected to remain in Kuje Correctional Centre pending when he meets the bail conditions.

This development comes four months after the Federal High Court sitting in Lagos admitted Emefiele to bail in the sum of N20 million.

Click To Watch Our Video Of The Week 

---

Advertise or Publish a Story on EkoHot Blog:

Kindly contact us at [email protected]. Breaking stories should be sent to the above email and substantiated with pictorial evidence.

Citizen journalists will receive a token as data incentive.

Call or Whatsapp: 0803 561 7233, 0703 414 5611