The trial on the alleged procurement fraud case involving former Central Bank of Nigeria Governor, Godwin Emefiele, has been adjourned by the Federal Capital Territory High Court to January 18, 2024, according to a report by Daily Post…CONTINUE READING>>...CONTINUE READING THE FULL ARTICLE>>>
Emefiele faces charges for allegedly utilizing his position to award a contract for the procurement of 43 vehicles worth N1.2 billion between 2018 and 2020 to Sa’adatu Yaro, a CBN staff member.
After being remanded at the Kuje Correctional Centre pending a ruling on his bail application on November 22, Justice Hamza Muazu granted Emefiele bail in the sum of N300 million.
The judge specified that two sureties, possessing certificates of occupancy and property titles within the Maitama district in Abuja, must be provided for bail.
As of now, Emefiele has not met the bail conditions, leading to his continued detention, escorted by armed personnel of the Nigerian Correctional Service…CONTINUE READING>>
