A federal high court sitting in Ikoyi, Lagos State has granted bail to suspended Governor of Central Bank of Nigeria, Godwin Emefiele, to the tune of twenty million naira with one surety in like sum
The defense counsel led by Joseph Daudu SAN, prayed the court to grant the defendant bail on self-recognisance and other liberal terms pending the hearing and determination of the trial, noting the non-existence of a counter affidavit from the Federal government.
Daudu who added that the defendant is a renowned banker also asked the court to end what he calls the oppression of his client by the DSS.
Counsel for the prosecution, in her remarks, opposed the bail application saying that it hasn’t been given enough time to respond.
She urged the court to dismiss the application, noting that they have information that the defendant has refused to hand in his passport, a situation which suggests that he could jump bail.
She also expressed fears that granting the defendant bail is not safe for the prosecution’s witnesses who have come forward to give evidence.
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Justice Nicholas Oweibo while granting the defendant bail noted that there was evidence that the Federal government was served the bail application.
Emefiele who was arraigned on a two-count charge bordering on illegal possession of firearms and ammunition, pleaded not guilty to the charges
(EDITOR: TIENABESO BIBIYE)