Breaking: Federal High Court Grants Godwin Emefiele N20m Bail

Breaking: Federal High Court Grants Godwin Emefiele N20m Bail

  • Justice Nicholas Oweibo of the Federal High Court in Lagos state has granted the suspended CBN governor, Godwin Emefiele, bail
  • Embattled Emefiele had been charged by the Department of State Services (DSS) for alleged gun possession
  • After the bail application was filed by Emefiele’s lawyers, led by Joseph Daudu, the court granted their wish

Ikoyi, Lagos state - A federal high court in Lagos has granted bail to Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN), in the sum of N20 million.

In a ruling on Tuesday, July 25, Nicholas Oweibo, the presiding judge, said the charges against Emefiele are bailable, The Cable reported.

Emefiele/Godwin Emefiele
Court has granted Godwin Emefiele bail. Photo credit: Central Bank of Nigeria
Source: Facebook

Court grants Godwin Emefiele N20m bail over alleged gun possession

The bail was granted with one surety, The Nation newspaper also reported.

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"I hope he doesn't faint": Nigerians react as video shows moment Godwin Emefiele appears in court

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Earlier, Emefiele pleaded not guilty to the two-count charge bordering on alleged illegal possession of firearms preferred against him.

The judge rejected the federal government’s claim that Emefiele was a flight risk. He also ruled that the government failed to provide facts to support its claim.

Emefiele, 61, had filed the application through his team of counsel led by Joseph Daudu (SAN), a former president of the Nigerian Bar Association (NBA).

Godwin Emefiele appears in court over ‘illegal possession of firearms'

Earlier, Legit.ng reported that Emefiele arrived at the Federal High Court sitting in Lagos for his alleged gun possession trial. Emefiele arrived around 9:20 am. His lawyers arrived earlier.

Channels Television's digital arm published a video showing Emefiele arriving in the court.

The 61-year-old is to stand trial on a two-count charge which accuses him of possessing a single-barrel shotgun (JOJEFF MAGNUM 8371) without a licence on June 15.

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BREAKING: Guilty or Not? Suspended CBN Governor Emefiele Speaks in Court

DSS charges Godwin Emefiele to court, withholds major details

Legit.ng also reported that Emefiele was charged to court by the Department of State Services (DSS).

Peter Afunanya, the service spokesperson, disclosed this in a statement on Thursday, July 13, adding that the move was to comply with the ruling of the high court sitting at the federal capital territory (FCT).

A few hours after the court order, Afunanya disclosed that the embattled CBN governor had been charged to court to comply with the court order.

Source: Legit.ng

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Ridwan Adeola (Current Affairs Editor) Ridwan Adeola Yusuf is a content creator with more than nine years of experience, He is also a Current Affairs Editor at Legit.ng. He holds a Higher National Diploma in Mass Communication from the Polytechnic Ibadan, Oyo State (2014). Ridwan previously worked at Africa Check, contributing to fact-checking research works within the organisation. He is an active member of the Academic Excellence Initiative (AEI). In March 2024, Ridwan completed the full Google News Initiative Lab workshop and his effort was recognised with a Certificate of Completion. Email: ridwan.adeola@corp.legit.ng.