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Again, court admits Emefiele to N300m bail

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Ibrahim Ramalan
Ibrahim Ramalan
Ibrahim Ramalan is a graduate of Mass Communications from the Ahmadu Bello University (ABU) Zaria. With nearly a decade-long, active journalism practice, Mr Ramalan has been able to rise from a cub reporter to the exalted position of an editor; first as Arts Editor with the Blueprint Newspapers before resigning in 2019; second and presently as an Associate Editor of the Daily Nigerian online newspaper. He can be reached via ibroramalan@gmail.com, or www.facebook.com/ibrahim.ramalana, or @McRamalan on Twitter.
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tiamin rice
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An FCT High Court on Wednesday admitted the suspended Central Bank of Nigeria, CBN, Godwin  Emefiele to bail in the sum of N300 million.

Justice Hamza Muazu also ordered Emefiele to produce two sureties in like sum.

Mr Muazu ordered that the sureties must have certificates of occupancy and titles of properties within the Maitama District.

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Mr Emefiele is mandated to deposit all his travel documents with the registrar of the court and must remain within the Abuja Municipal Council.

He is expected to remain in Kuje Correctional Centre pending when he meets the bail conditions.

This comes four months after the Federal High Court Sitting in Lagos admitted Emefiele to bail in the sum of N20 million.

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NAN

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