The Federal Capital Territory High Court in Abuja presided over by Justice Hamza Muazu has adjourned the trial of the immediate past Governor of the Central Bank, Mr Godwin Emefiele to January 18, 2024.
This is just as Emefiele remains in prison over failure to meet the bail conditions Justice Muazu imposed on him.
This medium earlier reported that on November 22, the trial judge granted Emefiele bail in the sum of N300 million and two sureties in like sum.
The sureties must have certificates of occupancy and titles of properties within the Maitama District.
Emefiele is mandated to deposit all his travel documents with the registrar of the court and must remain within the Abuja Municipal Council.
The former CBN Governor was absent Wednesday morning for the ruling on his bail application. His lawyer, Mr Mathew Burkaa, however, said it was normal, as he was already at the Kuje Correctional Centre.
SaharaReporters had reported that the Federal High Court sitting in Lagos State granted him bail in the sum of N20 million four months ago, which the Federal Government did not honour.
The Federal Government arraigned Emefiele on a six-count charge bordering on alleged procurement fraud on November 17, 2023.
The original charge, which was 20 counts to the tune of N6.5 billion, was reduced to six, to the tune of N1.6 billion. Emefiele is the only defendant in the new charge.
The former CBN Governor, pleaded not guilty to the six-count charge after it was read to him.
When the trial came up on Tuesday, for the commencement of trial, Justice Hamza Muazu adjourned the trial to January 18, 2024.
After the court session on Tuesday, the former CBN governor was taken away by officials of the prison service.
|Sahara Reporters
