The Lagos State High Court has granted former governor of the Central Bank of Nigeria, Godwin Emefiele bail to the tune of fifty million naira with two sureties in like sum.
Justice Rahmon Oshodi also upheld the bail conditions earlier granted the second defendant, Henry Omoile of one million naira with two sureties.
Recall that Emefiele is facing trial in Lagos on a 26-count charge bordering on abuse of office.
Emefiele had ealier pleaded not guilty to a 26-count charge bordering on abuse of office brought against him by the Economic Financial Crimes Commission, EFCC.
The Lagos State Special Offences Court sitting in Ikeja on Monday remanded the former governor of the CBN in the custody of the EFCC, following his arraignment.
Justice Rahman Oshodi made the remand order after Emefiele and his co-defendants, Herry Omoile, pleaded not guilty to a 26-count charge bordering on abuse of office brought against them by the EFCC.
Editor: Anoyoyo Ogiagboviogie
