The suspended governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been granted bail by a Federal High Court in Lagos. The bail amount was set at N20 million by the presiding judge, Nicholas Oweibo. The judge ruled that the charges against Emefiele are bailable, and the bail was secured with one surety in a similar amount.
Emefiele’s arraignment took place before the vacation judge, Justice Nicholas Oweibo, following over 6 weeks of his arrest and detention by the Department of State Services (DSS).
Emefiele, attired in a cream kaftan, was brought to court by DSS operatives in a hilux vehicle on Tuesday, July 25, 2023.
During the court session, Emefiele pleaded not guilty to the charges brought against him by the Federal Government. His lawyer, Joesph Daudu, a Senior Advocate of Nigeria (SAN) and former President of the Nigeria Bar Association (NBA), informed Justice Oweibo that his client has been in detention for weeks. He also stated that the application for bail has been filed and served on the prosecution.
However, the Department of State Services (DSS) raised objections to the court hearing the bail application, claiming that it has not been served with the application.
