Nigerian Court grants Emefiele bail after 5 months in detention

The Federal Capital Territory High Court on Wednesday granted bail to the embattled former Central Bank of Nigeria governor, Godwin Emefiele, who is charged with procurement fraud and has been in detention since June.

The court ordered that he should be released to his counsel and must be produced in court on November 15 , and when needed for another hearing.

The presiding judge, Justice Olukayode Adeniyi, also ordered him to deposit all his travel documents with the court’s registrar.

Emefiele appeared in court for the first time since August after Judge Olukayode Adeniyi on Monday ordered he should be released unconditionally or be brought to court. He is facing a 20-count fraud charge.

“There must be an end to detention without trial. Without any further ado, I hereby order that the applicants be released on bail to his counsel,” the judge said.

His trial has stalled since August when the security agencies failed to present him in court to enter a plea.

Emefiele was suspended by President Bola Tinubu on June 9 and was arrested a day later.

He resigned in August, paving the way for the appointment of new central bank governor Olayemi Cardoso in September. 

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