A high court sitting in Ikeja, Lagos, has granted bail to former governor of the Central Bank of Nigeria Godwin Emefiele, in the sum of N50 million.
According to the Nation, In his ruling on the bail application on Friday, the judge, Rahmon Oshodi, admitted Emefiele on bail with two sureties in like sum.
Recall that Emefiele is facing trial in Lagos on a 26-count charge bordering on abuse of office.
Emefiele had earlier pleaded not guilty to a 26-count charge bordering on abuse of office brought against him by the Economic Financial Crimes Commission, EFCC.
The Lagos State Special Offences Court sitting in Ikeja on Monday remanded the former governor of the CBN in the custody of the EFCC, following his arraignment.
Justice Rahman Oshodi made the remand order after Emefiele and his co-defendants, Herry Omoile, pleaded not guilty to a 26-count charge bordering on abuse of office brought against them by the EFCC.
More to come….
