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Emefiele Granted N20m Bail

Suspended Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, was on Tuesday granted bail by a Federal High Court sitting in Lagos.

After over one month in the custody of Department of State Services, DSS, he was granted bail in the sum of N20 million and a surety in like sum.

The bail followed his plea of not guilty to two-count charge of illegal possession of firearm brought against him by the DSS.

Emefiele’s lawyer, Mr. Joseph Daudu, SAN, had applied for his bail .

Daudu contended that the offence for which Emefiele was changed is bailable.

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