Rédaction Africa Links 24 with Ibrahim Ramalan
Published on 2024-04-12 09:59:50
An Ikeja Special Offences Court granted bail to the suspended Central Bank of Nigeria governor, Godwin Emefiele, in the sum of N50 million on Friday. Emefiele is facing charges of abuse of office and fraud amounting to 4.5 billion dollars and N2.8 billion. Justice Rahman Oshodi ruled in favor of granting bail to Emefiele with two sureties in like sum.
The sureties provided must be gainfully employed individuals who have three years of tax payment with the Lagos State Government. Additionally, they must show proper identification and be registered in the Lagos State Bail Management System. The judge also expressed satisfaction with the bail conditions previously given to Emefiele’s co-defendant, Henry Isioma-Omoil, who is facing a separate charge before Justice Olufunke Sule-Hamzat at the Yaba High Court.
Furthermore, the bail documents must be transferred to the special offences court and registered in the Lagos State Bail Management System as well. The Economic And Financial Crimes Commission, EFCC, brought charges against Emefiele on April 8, including abuse of office, accepting gratifications, corrupt demand, receiving property fraudulently obtained, and conferring corrupt advantage. His co-defendant was also arraigned on charges related to accepting gifts as agents. Both defendants pleaded not guilty to the charges.
As of now, the counsel is making applications for accelerated hearing and trial in this case. More details are expected to be revealed shortly.
It is crucial to follow the legal proceedings and developments in this case as it highlights alleged misconduct in a high-level financial institution. The transparency and integrity of the judicial system will be tested as justice is sought for the accused parties. Stay tuned for updates on this ongoing legal matter.
The image included in the content is a visual representation of the news and not directly related to the legal proceedings discussed. The authenticity and accuracy of the information provided in this article should be verified through official sources for a comprehensive understanding of the case.
Read the original article on DailyNigerian.com
