A Federal High Court in Lagos state has granted suspended Central Bank of Nigeria, CBN, Governor Godwin Emefiele bail in the sum of N20 million.
This is coming after Emefiele languished in custody for 45 days with the Department of State Service (DSS).
In a ruling on Tuesday, the presiding judge, Nicholas Oweibo, said the charges against Emefiele are bailable.
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The bail was granted with one surety.
Earlier, Emefiele pleaded not guilty to the two-count charge bordering on alleged illegal possession of firearms preferred against him.
The FG had attempted to object but were overruled by the judge.
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