Ikeja High Court in Lagos grants former CBN Governor, Godwin Emefiele, N50m bail on abuse of office and fraud charges.

The Ikeja High Court in Lagos has granted former CBN Governor, Godwin Emefiele, N50m bail on charges of abuse of office and fraud. Emefiele is accused of irregularly allocating $4.5bn and N2.8bn. The judge, Rahmon Oshodi, ordered that Emefiele be granted bail with two sureties in the same amount. The sureties must be gainfully employed and have a three-year tax payment history with Lagos State.

April 12, 2024
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