A former Central Bank of Nigeria (CBN) governor, Godwin Emefiele, has regained his freedom.
Emefiele has met his bail
conditions and subsequently released from the Kuje Correctional Centre.
The spokesperson for the Kuje
Correctional Centre, FCT, Adamu Duza, confirmed the development.
“I can confirm to you that he
(Emefiele) has met his bail conditions, hence he has no reason to remain in our
facility.
“He met his bail condition and
was released past 2pm yesterday (Friday),” he told Punch.
The Federal Capital Territory
High Court Abuja, had granted N300m bail to Emefiele, who is being prosecuted
for alleged procurement fraud.
Justice Hamza Muazu granted the
bail with two sureties in like sum.
The judge said the sureties
must have certificates of occupancy and titles of properties within the Maitama
District of Abuja.
He also ordered Emefiele to
deposit all his travel documents with the registrar of the court, adding that
he must remain within the Abuja Municipal Area Council.
The judge, however, ordered
that Emefiele should remain in Kuje Correctional Centre till he meets the bail
conditions.
While rejecting the objection
by the Economic and Financial Crimes Commission to Emefiele’s bail application,
Justice Muazu disagreed with the anti-graft agency that the ex-CBN governor was
a flight risk and could jump bail, jeopardise investigation or threaten the
security of the country if granted bail.
After granting the bail
application, Justice Muazu adjourned till November 28 for the commencement of
trial.
Emefiele stood trial on six
counts bordering on procurement fraud to the tune of N1.2bn.
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