Business
Ex- CBN governor, Emefiele, was granted a bail of N300 million with two sureties.
Justice Hamza Muazu of the Federal Capital Territory (FCT) High Court, yesterday, admitted former Central Bank of Nigeria (CBN) governor, Godwin Emefiele, to a N300 million, with two sureties in like sum.
Besides the banker depositing his travel documents, the two sureties must be owners of landed property in Maitama, Abuja and deposit their certificates of occupancy.
The judge, however, ordered Emefiele’s remand at the Kuje Correctional Centre pending fulfillment of the bail conditions.
Consequently, he fixed November 28 for commencement of full trial.
At the last sitting on Friday, the CBN ex-boss had pleaded not guilty to a six-count amended N1.2 billion procurement charge brought against him by the Economic and Financial Crimes Commission (EFCC).
-
Politics4 days agoJUST-IN: George Turnah Welcomes Isaac Amakuro’s Disassociation from G-House Political Family
-
News6 days agoJUST-IN: Police declare Portable wanted, slam attempted murder and four other alleged offences on him
-
Breaking News6 days agoEdwin Clark dies at 97
-
Politics7 days agoREBUTTAL: TEKENANE ABAKA REMAINS SUBSTANTIVE CDC CHAIRMAN OF BILABIRI 1 COMMUNITY
-
Politics7 days agoIt is disrespectful to Nigeria; however, self-respect must come first,” declared Sen Ndume regarding Canada’s refusal to grant a visa to the Chief of Defence Staff.
-
Politics7 days agoUPDATE: Thirty-six Lagos legislators express their unwavering confidence in the Speaker as the assembly adjourns its plenary session indefinitely.
-
News7 days agoJUST-IN: Lagos Gets New Commissioner Of Police
-
Politics6 days agoYou Have 72hurs To Resign Your Appointments From Gov Diri’s Govt: Alabh George Turnah Tells Loyalist.