Court grants Emefiele bail

in view of Emefiele’s trail, Justice Nicholas Oweibo of the Federal High Court in Lagos has granted the suspended governor of the Central Bank of Nigeria, Godwin Emefiele, bail in the sum of twenty million nairas with one surety.

Justice Oweibo however noted that the embattled former CBN governor should be remanded in prison custody pending the perfection of his bail condition.

Emefiele was charged to court by the State Security Service for having one Single Barrel shot Gun and One Hundred and Twenty-Three Rounds of live ammunition without a license.

Emefiele pleaded not guilty to the two count charges leveled against him.

Justice Nicholas Oweibo of the Federal High Court in Lagos has granted the suspended governor of the Central Bank of Nigeria, Godwin Emefiele, bail in the sum of twenty million nairas with one surety.

Justice Oweibo however noted that the embattled former CBN governor should be remanded in prison custody pending the perfection of his bail condition.

Emefiele was charged to court by the State Security Service for having one Single Barrel shot Gun and One Hundred and Twenty-Three Rounds of live ammunition without a license.

Emefiele pleaded not guilty to the two count charges leveled against him.

Granting him bail will intimidate the prosecution’s witnesses who have come forward to give evidence. He can evade trial based on his antecedents. We urge the court to dismiss the bail application.”

Earlier, the Court rejected the Federal Government’s claim that it had not received a copy of the bail application filed by the suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele in his alleged gun possession trial.

Justice Nicholas Oweibo held that there was evidence that the government was served.

The Federal Government, which is prosecuting him, maintained that the offense was contrary to Section 4 of the Firearms Act, 2004, and punishable under Section 27 (1b) of the same Act.

In the second count, the suspended CBN Governor was accused of having in his possession 123 rounds of live ammunition (Cartridges) without a license, which was contrary to Section 8 of the Firearms Act 2004 and punishable under Section 27 (1)(b)(il) of the same Act.