The Excessive Courtroom sitting within the Federal Capital Territory has ordered that the previous Governor of the Central Financial institution of Nigeria, Godwin Emefiele, be remanded within the Kuje Correctional Centre pending the willpower of his bail request.
Emefiele is standing trial on an alleged procurement fraud.
The trial which had been stalled on three events lastly held on Friday.
The Federal Authorities had initially most popular 20 cost on procurement fraud to the tune of N6.5 billion towards the previous CBN governor.
However the FG diminished the costs to 6 to the tune of over N1bn which he was arraigned on Friday.
At Friday proceedings, Emefiele’s counsel, Mathew Burkaa SAN, moved the appliance for bail however the FG counsel, Rotimi Oyedepo vehemently opposed granting bail to the previous CBN governor.
The presiding decide, Justice Hamza Muazu stated a bench ruling couldn’t be delivered in view of the plethora of authorities cited by the 2 events.
The Decide stated he wanted a little bit time to review the authorities and peruse by means of the displays equipped by Emefiele to help his request for bail.
He, nevertheless, ordered that Emefiele be remanded on the Kuje jail pending the willpower of his bail utility.
Muazu then adjourned the case until November 22 for ruling on the bail utility and November 28 for the graduation of trial.
His remand order is coming after Justice Olukayode Adeniyi, ordered that he needs to be launched to his attorneys on November 8 after spending 151 days in detention.
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