Emiefele’s Trial: Court Grants Suspended Boss N20m Bail Over Alleged Gun Possession-

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The Federal High Court sitting in Lagos Tuesday granted bail to the suspended Central Bank of Nigeria (CBN) Governor Godwin Emefiele in his alleged gun possession trial.

Justice Nicholas Oweibo released Emefiele on a N20million bail bond with one surety in the like sum.

He adjourned the case till November 14 for commencement of trial.

The judge made the order following the banker’s arraignment and “not guilty” plea to a two-count charge filed against him by the Federal Ministry of Justice.

He rejected the argument by a Deputy Director of the Federal Ministry of Justice, Nkiru Jones-Nebo that Emefiele should not be released because he was a flight risk.