News
Abuja Court Grants Emefiele N300m Bail, Other Demands
Emefiele is standing trial for alleged procurement fraud….
A Federal Capital Territory High Court in Abuja on Wednesday granted a former Governor of the Central Bank, Godwin Emefiele, bail.
VerseNews reports that Emefiele was granted bail in the sum of N300m and two sureties in like sum.
Ruling on his bail application on Wednesday, Justice Hamza Muazu said the sureties must have Certificates of Occupancy and titles of property within the Maitama District.
He also ordered Emefiele to deposit all his travel documents with the registrar of the court and to remain within the Abuja Municipal Area Council.
Muazu held that the former CBN governor be kept in Kuje Correctional Centre till he meets the bail conditions.
Emefiele is standing trial for alleged procurement fraud.
The Federal Government had initially preferred 20 charges of procurement fraud to the tune of N6.5 billion against the former CBN governor.
But the FG reduced the charges to six to the tune of N1.2bn, which he was arraigned on last Friday.
Muazu, at the last proceeding, remanded Emefiele in Kuje prison pending his ruling on the former CBN governor’s bail application.
He adjourned the matter till November 28 for the commencement of trial.
BREAKING: Peter Obi Breaks Silence on Stepping Down for Atiku
Peter Obi says any alliance with Atiku Abubakar must be negotiated by their political parties, while outlining his positions on...
BREAKING: National Assembly Suspends South Africa Trips, Orders Legislative Boycott
The National Assembly has suspended official visits to South Africa and participation in its legislative events over reported xenophobic attacks...
How Justice Omotosho Turned Criminal Law Upside Down to Convict Nnamdi Kanu
According to Chidera, Section 36(12) of the Nigerian Constitution requires a criminal offence to be defined and its punishment prescribed...
IPOB: The Boycott Is Not a Threat — List Kanu’s Appeal or Lose Biafraland’s Vote
The Indigenous People of Biafra (IPOB) has threatened a total boycott of upcoming elections across Biafraland and other areas if...
Kanu Fires Lawyer for ‘Gross Incompetence’ — IPOB Warns Media: Stop Calling Him Our Counsel
The Indigenous People of Biafra (IPOB) has said lawyer Ifeanyi Ejiofor is no longer a member of its legal team,...
How Nigerian Media Buried the Constitutional Time Bomb in Kanu’s Conviction
Legal practitioner Christopher Chidera, Esq., has launched a sharp criticism against major Nigerian media outlet....
IPOB: List Kanu’s Appeal in 14 Days or We Boycott 2027 General Elections Across Biafraland
The Indigenous People of Biafra (IPOB) has given the Federal Government of Nigeria a 14-day ultimatum to list and hear...
No Court Can Confer Jurisdiction — So Who Gave the Supreme Court the Power to Resurrect Dead Counts?
In a legal briefing issued by Onyedikachi Ifedi, Esq., the consortium questioned the legal basis upon which counts earlier quashed...
IPOB Reveals What Nnamdi Kanu Has Achieved for Biafrans
The Indigenous People of Biafra (IPOB) has credited its leader, Nnamdi Kanu, with playing a major role in mobilising public...
FULL LIST: Arsenal Host Real Madrid, Man City Face PSG In Champions League Draw
Full list of 2026/27 UEFA Champions League league phase draw as Arsenal host Real Madrid, Man City face PSG and...
You must be logged in to post a comment Login