The former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has been released from the Kuje Correctional Centre after his lawyers fulfilled his bail conditions.
Justice Hamza Muazu of the Federal Capital Territory (FCT) High Court had granted Emefiele bail in the sum of N300 million with two sureties in like sum.
He was arraigned on a six-count charge bordering on procurement fraud and using his position to confer a corrupt advantage on Sa’adatu Yaro, a staff of the CBN, by awarding a contract for the procurement of 43 vehicles worth N1.2 billion between 2018 and 2020.
Emefiele was first taken into custody by the Department of State Services (DSS) in June following his suspension as the CBN governor by President Bola Tinubu.
The DSS spokesperson Peter Afunanya had said:
“The Department of State Services (DSS) hereby confirms that Mr Godwin Emefiele, the suspended Governor of the Central Bank of Nigeria (CBN) is now in its custody for some investigative reasons.
“The public, particularly the Media, is enjoined to apply utmost caution in the reportage and narratives concerning this.”
After his arrest, Emefiele approached the FCT High Court in Abuja, challenging his detention by the DSS.
While he was remanded in Kuje, Emefiele was asked to deposit all his travel documents with the registrar of the court and must remain within the Abuja Municipal Area Council (AMAC).
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