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Again Court admits Emefiele to N300m bail

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An FCT High Court on Wednesday admitted the suspended Central Bank of Nigeria (CBN) Godwin  Emefiele to bail in the sum of N300 million.

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 properties within the Maitama District.

Emefiele is mandated to deposit all 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 Emefiele to bail in the sum of N20 million.

Edith Nwapi

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour. The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.

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