Breaking: Emefiele released from prison, meets bail condition of N300m

Former Central Bank of Nigeria Governor, Godwin Emefiele, has been released from Kuje Custodial Centre, Abuja.

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It was said that Emefiele regained his freedom around 2pm on Friday December 22, 2023.

The spokesperson for the Kuje Correctional Centre, FCT, Adamu Duza, has confirmed the development.

“I can confirm to you that he (Emefiele) has met his bail conditions, hence he has no reason to remain in our facility.

“He met his bail condition and was released past 2pm yesterday (Friday),” he said.

The ex-CBN boss had been facing trials on charges bordering on N1.2 billion procurement fraud before Obaze report exposed several other damning financial misappropriation.

Justice Hamza Muazu of the Federal Capital Territory High Court Abuja granted him N300 million bail with other stringent conditions which include two sureties in like sum; depositing of his traveling documents in Court registrar, and staying within the confine of FCT.

The court also said the sureties must have certificates of occupancy and titles of properties within the Maitama District of Abuja.