Emefiele Regains Freedom After Meeting Bail Conditions

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Former governor of the Central Bank of Nigeria, Godwin Emefiele, has met the bail conditions imposed on him by Justice Rahman Oshodi of the Lagos State Special Offences Court in Ikeja and subsequently released.
Emefiele met the bail terms before the court closed on Friday, and he was released after the court proceedings.
Justice Oshodi had granted Emefiele, who is standing trial before him over allegations of abuse of office and fraud, $4.5 billion and N2.8 billion bail with two sureties in like sum.
The judge also directed that the sureties must be gainfully employed and have paid tax to the Lagos State Government in the last three years.
The court further directed that the sureties must show proper identification, and they must be registered in the Lagos State Bail Management System.
Emefiele’s co-defendant, Henry Isioma-Omoil, was also granted bail by the court.
Isioma-Omoile is to continue to enjoy the conditions of the N1 million bail, earlier granted to him by Justice Olufunke Sule-Hamzat of the Lagos State High Court sitting in the Yaba area of the state





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