Justice Hamza Muazu of the Federal Capital Territory High Court Abuja has granted bail to the immediate past Governor of the Central Bank, Mr. Godwin Emefiele. The bail is set at the sum of N300 million, and Emefiele is required to provide two sureties in a like sum.
The sureties, as specified by the court, must possess certificates of occupancy and titles of properties located within the Maitama District in Abuja.
This development follows unspecified charges against Mr. Godwin Emefiele, and the bail conditions were set during the court proceedings. The nature of the charges and the circumstances leading to the legal action were not detailed in the available information.
It is expected that further legal proceedings will shed light on the specifics of the case against the former Central Bank Governor.
