HomeNewsCourt Grants Ex-CBN Boss, Emefiele N300M Bail

Court Grants Ex-CBN Boss, Emefiele N300M Bail

A Federal Capital Territory court on Wednesday admitted the suspended Central Bank of Nigeria, Godwin Emefiele, to bail in the sum of N300 million.

NAN reports 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 property within the Maitama District.

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

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

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

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