PUNCH NEWS
The Federal Capital Territory High Court Abuja, on Wednesday, granted N300m bail to former Governor of the Central Bank of Nigeria, Godwin 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.
The PUNCH reports that Emefiele was not in court on Wednesday.
The matter, which was scheduled for 11 am, was heard by 9 am. This, our correspondent learnt, was responsible for Emefiele’s absence in court…
