Banking Energy Featured Finance Metro

Court grants Emefiele N20m bail over alleged gun possession

Court grants Emefiele N20m bail over alleged gun possession

 

The Federal High Court sitting in Lagos has granted bail to the suspended Central Bank of Nigeria (CBN) Governor Godwin Emefiele in his alleged gun possession trial.

Justice Nicholas Oweibo released Emefiele on a N20million bail bond with one surety in the like sum.

The judge made the order following the banker’s “not guilty” to a two-count charge filed against him by the Federal Ministry of Justice.

He rejected the Federal Government’s claim that Emefiele was a flight risk. The judge ruled that the government failed to provide any fact to support its claim.

Emefiele, 61, had filed the application through his team of counsel led by Chief Joseph Daudu, SAN, a former President of the Nigerian Bar Association.

Details shortly…

Related posts

IEF says early data reveals reduced Russian oil supplies from sanctions

Emeka Ugwuanyi

22 states, 15 LGAs participate in Calabar cultural carnival

Shile GIWA

Renewable energy critical to addressing Nigeria’s electricity deficit – Prof. Itodo

Editor

Egypt Air suspends services to Baghdad over security concerns

Meletus EZE 

Generator economy: Nigerians spend $22bn yearly on fuel –Report 

Our Reporter

60 electoral offenders convicted since 2015 – Yakubu

Our Reporter