A Trusted Nigerian Newspaper
A High Court sitting in Ikeja, Lagos State, has granted bail to Godwin Emefiele, the embattled former governor of the Central Bank of Nigeria , in the sum of N50 million.
The judge gave the remand order over alleged abuse of office and and $5.5 billion and N2.8 billion fraud. The defendants counsel, Mr A. Labi-Lawal, had in his two bail application urged the court to grant the defendants bail on self recognition and on liberal terms pending the determination on the case.
“The court should also take into consideration, the status of the first defendant as he was the former CBN governor of the country,” he said.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
JUST IN: Lagos court grants Emefiele N50 million bailPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »
Emefiele arrives Lagos court, pleads not guilty to chargesThe former bank chief is being arraigned before Justice Rahman Oshodi for abuse of office bordering on alleged irregular allocation of billions of US dollars in foreign exchange.
Read more »
Lagos Court Orders Remand Of Emefiele In EFCC CustodyThe Latest News from Nigeria and Around the World
Read more »
Breaking: Court remands Emefiele in EFCC custody over abuse of officeA Lagos State Special Offences Court sitting in Ikeja on Monday remanded a former Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, in the custody of EFCC, following his arraignment for alleged abuse of office.
Read more »
EFCC’s fresh charge links Emefiele to Lagos firmsNo fewer than five firms have been linked with former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, in the latest 26-count
Read more »