Emefiele granted N20m bail

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The Federal High Court in Lagos has granted bail to the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, in the sum of N20 million, with one surety providing a similar amount. Justice Nicholas Oweibo granted bail to Emefiele after considering the arguments presented by Emefiele’s counsel, Joseph Daudu (SAN).

The judge rejected the Federal Government’s claim that Emefiele was a flight risk, stating that the government failed to provide any evidence to support this claim.

More details soon….

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