Court grants Godwin Emefiele N300m bail

A High Court of the Federal Capital Territory (FCT) in Maitama has granted bail to former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.

According to the judge, the former CBN governor must produce two sureties in like sum.

The sureties must have certificates of occupancy and titles of properties within the Maitama district in Abuja.

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 the perfection of his bail conditions.

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