Breaking: Emefiele Granted Bail In N20m Sum


By Adadareporters

Mr Godwin Emefiele, suspended Central Bank governor, was Tuesday granted bail by a Federal High Court sitting in Lagos.

The embattled CBN governor was charged with two-count of illegal possession of firearms by the Department of State Services.

Justice Nicolas Oweibo granted him bail in the sum of N20 million and a surety in like sum.

Our correspondent reports that Emefiele had been in the DSS custody for over a month. His lawyer, Mr Joseph Daudu, SAN, had applied for his bail after his client pleaded not guilty to the two-count charge.

Daudu argued that the offence for which Emefiele was changed is bailable.

Emefiele was brought to the court at 9.23am in a white Hillux pick-up van, with the number plates covered.

Emefiele, on arrival, was assisted into the courtroom by a female, whose identity is unknown.


Adadainfo is an online newspaper reporting Nigerian news. Email: Phone: 08071790941

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