Emefiele remanded in EFCC custody

Lagos court grants Emefiele N50m bail

Embattled former Governor of the Central Bank of Nigeria, Godwin Emefiele, has been remanded in custody of the Economic and Financial Crimes Commission till Thursday, April 11, 2024

Emefiele was arraigned this morning before Justice Rahman Oshodi on fresh 26 counts, including alleged abuse of office and allocation of billion of dollars.

Emefiele , who was arraigned alongside his co-defendant, one Henry Isioma Omole, pleaded not guilty to the charges against him.

The charge was marked ID/23787c/2024 and dated April 3, 2024.

The defendant’s lawyer, A. Labo-Lawal, however, pleaded with the court to grant Emefiele bail in self-recognisance and allow him to continue with the bail earlier granted him by the Abuja court.

He also urged the court to grant the second defendant bail earlier granted him by Justice O – Sule-Hamzat.

The prosecution counsel, Rotimi Oyedepo (SAN), did not oppose the bail applications.

But Justice Oshodi, after listening to the submissions of both counsel, remanded Emefiele to EFCC custody and the second defendant to the Ikoyi Correctional Centre and adjourned the case till April 11, for ruling on the bail and commencement of trial.

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