A High Court sitting in Abuja has granted the embattled former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, bail for the sum of N300 million.
Delivering the judgement on Wednesday, Justice Hamza Muazu of the FCT High Court ruled that sureties must be provided as part of the bail condition by the accused.
The judge added that the sureties must have certificates of occupancy and titles of properties within the Maitama District.
The ex-CBN boss, Emefiele is also required to submit all his travel documents to the court registrar and is obliged to stay within the Abuja Municipal Council.
Meanwhile, he is expected to remain in Kuje Prison until his bail conditions are fully met.
(Pendulum Media)
