Just In: Court grants Emefiele N300m bail

An Abuja High Court sitting at Maitama has granted bail to arrested former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to the tune of N300million.

In a ruling delivered by Justice Hamza Muazu, the court also ordered Mr Emefiele to produce two sureties, who must reside within the Federal Capital Territory, Abuja, and have landed property within the Maitama District.

It fixed November 28 to begin full-blown hearing on the six-count charge the Economic and Financial Crimes Commission (EFCC), levelled against the Defendant.

Mr Emefiele was earlier ordered by the court to surrender all his travelling documents.

BEB