The Economic and Financial Crimes Commission (EFCC) has arraigned Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN), over the “illegal” acquisition of a 753‑unit housing estate in Abuja.
The former CBN governor pleaded “not guilty” to the eight-count charge before Yusuf Halilu, judge of a federal capital territory (FCT) high court.
Halilu granted Emefiele bail in the sum of N2 billion and two sureties in like sum.
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The sureties must own property worth N2billion in either Aolsoko, Maitama or Wuse 2 within the jurisdiction of the court.
More to follow…