BREAKING: Court Grants Emefiele Bail
A high court sitting in Ikeja, Lagos, has granted bail to the former governor of the Central Bank of Nigeria, Godwin Emefiele, in the sum of N50 million.
The Economic and Financial Crimes Commission (EFCC) has released details of 18 out of the 26 fresh multi-million-dollar and naira corruption charges preferred against Emefiele.
Emefiele and Henry Isioma Omoile were arraigned at the Special Offences Court sitting in Ikeja, Lagos, on Monday by the EFCC on 26 fresh counts.
Ibom Focus had reported that Emefiele and Omoile would be arraigned on another charge in Abuja between April 25 and 26, 2024, according to his lawyer.
The Lagos State High Court sitting in Ikeja on Monday adjourned the ruling on the bail application filed by Emefiele.
However, on Friday, Justice Rahman Oshodi, in his ruling, admitted Emefiele to bail with two sureties in like sum.
Justice Oshodi held that the sureties must be gainfully employed and have three years of tax payment with the Lagos State Government.
The court ordered that the sureties must show proper identification and must be registered in the Lagos State Bail Management System.
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