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Home Latest News

BREAKING | Court grants Emefiele N20m Bail | METROWATCH

Ogochukwu Isioma by Ogochukwu Isioma
July 25, 2023
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•Suspended CBN chief, Godwin Emefiele (left), at the Federal High Court sitting in Ikoyi, Lagos on Tuesday

•Suspended CBN chief, Godwin Emefiele (left), at the Federal High Court sitting in Ikoyi, Lagos on Tuesday

The Federal High Court in Lagos State on Tuesday granted bail to Godwin Emefiele, the Central Bank of Nigeria’s suspended governor, in the amount of N20 million with one surety in the same amount.

After entering a not guilty plea to the two counts relating to the alleged illegal possession of firearms and ammunition, he was given bail.

The Federal Ministry of Justice has filed two counts of illegal possession of firearms and ammunition against Emefiele before the temporary court, Justice Nicholas Oweibo.

The ministry of justice is prosecuting him on charges of possessing a single-barrelled shotgun (JOJEFF MAGNUM 8371) without a licence.

READ ALSO  BREAKING | CBN Directs Banks to Dispense Old Naira Notes, Says Soludo

He is also accused of illegally being in possession of 23 rounds of live ammunition (cartridges) without a licence.

The defendant committed the offences on June 15, 2023, at No. 3b Iru Close, Ikoyi area of Lagos.

(Courtesy, excluding headline, Within Nigeria)

Tags: BailCBNCourtGodwin Emefiele
Ogochukwu Isioma

Ogochukwu Isioma

Ogochukwu Isioma is a Bachelor's degree holder in Linguistics (Hons) from the University of Benin, and a Master's student in International Affairs and Diplomacy at the Amadu Bello University, Zaria. With over half a decade-long active journalism practice, Ogochukwu is the Founder and Publisher of popular education-focused online medium, CAMPUS GIST, and currently writes for METROWATCH. He can be reached via ogochukwuisioma@gmail.com.

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