Connect with us

FEATURED

Why Emefiele Left Kuje Prison To Go Home Amid Procurement Fraud’s Probe

Published

on

Emefiele
Suspended CBN Governor, Godwin Emefiele

Authority of the Kuje Correctional Centre, FCT, Abuja, has clarified why a former Governor of the Central Bank of Nigeria, Godwin Emefiele was released from the Kuje Correctional Centre.

BIGPEN NIGERIA (https://bigpenngr.com) understands that Emefiele was left to go home on Friday, December 22 2023 after meeting up with his bail condition..

According to report in Saturday Punch, the spokesperson for the Kuje Correctional Centre, FCT, Adamu Duza, confirmed the development to one of its correspondent on Saturday.

“I can confirm to you that he (Emefiele) has met his bail conditions, hence he has no reason to remain in our facility.

“He met his bail condition and was released past 2pm yesterday (Friday),” he said.

The Federal Capital Territory High Court Abuja, had granted N300m bail to Emefiele, who is being prosecuted for alleged procurement fraud.

Justice Hamza Muazu granted the bail with two sureties in like sum.

Advertisement
Article Banner

The judge said the sureties must have certificates of occupancy and titles of properties within the Maitama District of Abuja.

He also ordered Emefiele to deposit all his travel documents with the registrar of the court, adding that he must remain within the Abuja Municipal Area Council.

The judge, however, ordered that Emefiele should remain in Kuje Correctional Centre till he meets the bail conditions.

While rejecting the objection by the Economic and Financial Crimes Commission to Emefiele’s bail application, Justice Muazu disagreed with the anti-graft agency that the ex-CBN governor was a flight risk and could jump bail, jeopardise investigation or threaten the security of the country if granted bail.

After granting the bail application, Justice Muazu adjourned till November 28 for the commencement of trial.

Emefiele stood trial on six counts bordering on procurement fraud to the tune of N1.2bn.

Advertisement
Article Banner

Meanwhile, after more than four months of investigation, the Special Investigator probing the CBN, Jim Obazee, said Emefiele and others embezzled billions of naira and committed other gross financial offences.

Obazee’s report which was submitted to President Bola Tinubu on December 9 2023, indicated that Emefiele who was in office from June 2014 to June 2023, engaged “in fraudulent cash withdrawal of $6.23 million”, and perpetrated fraud in the redesign of the naira, while he allegedly kept 543.4 million pounds in the United Kingdom.

Continue Reading
Advertisement
Click to comment
FEATURED2 hours ago

2027: Ibori Declares Massive Support For Tinubu, Oborevwori as Delta Governor Orders Overhaul of Dilapidated Schools

FEATURES2 hours ago

30-Day Petrol Relief: Tinubu Group Fires Back at Atiku, Defends NNPC’s Plan

secure number one position
Defense and Security8 hours ago

Police Confirm Abduction of 3 Cocoa Research Institute Workers in Oyo

NEWS9 hours ago

2027: Omo-Agege Fires Aguariavwodo, Says He Could Not Light His Own House

FEATURES11 hours ago

Anambra Building Collapse: Mother, 14-Year-Old Daughter Crushed to Death

FEATURES12 hours ago

Why Some Nigerian Graduates Are Rejecting NYSC in 2026: Security, N77k Allowance, No Jobs

COMMUNITY REPORT1 day ago

Isoko North Chairman Ogorugba Pledges Support for LGAs Information Officers of NUJ, NUIS, Youth Devt

Defense and Security1 day ago

Ondo NAF Plane Crash: CAS Leads Recovery Efforts in Igbokoda, Assures Probe

FEATURED1 day ago

NYSC Abduction: Mother Pays N6m Ransom to Secure Son’s Release

Defense and Security1 day ago

83 Army Division: New Air Defence Unit to Strengthen Security, Protect Oil Assets in Delta — Oborevwori

FEATURED2 days ago

2027 Election Tribunals: CJN Warns Judges, Lawyers Against Unethical Conduct

FEATURED2 days ago

Delta Police Arrest 3 Suspected Cultists, Recover AK-47, Pump-Action Guns

Defense and Security2 days ago

UPDATE: Imo NYSC Kidnap: Mother Says She Paid N6m Ransom Before Joint Security Team Rescued Son, 20 Others

FEATURED2 days ago

Umahi: Contractors who Collect FG funds and Abandon Projects risk EFCC, ICPC action

FEATURES2 days ago

Ondo Traditional Chief Shot Dead During Colleague’s Burial Rites

Advertisement
Advertisement

z

   


Article Banner