Justice Hamza Muazu of the Federal Capital Territory High Court Abuja, has granted the former Governor of the Central Bank, Mr Godwin Emefiele, bail in the sum of N300 million and two sureties in like sum.
According to the court, the sureties must have certificates of occupancy and titles of properties within the Maitama District.
Similarly, Emefiele is mandated to deposit all his travel documents with the registrar of the court and must remain within the Abuja Municipal Council.
He is also expected to remain in Kuje Correctional Centre pending when he meets the bail conditions.
Emefiele was however absent on Wednesday morning for the ruling on his bail application. His lawyer, Mr Mathew Burkaa, however, said it was normal, as he is already at the Kuje Correctional Centre.
