JUST IN: Emefiele Arraigned Over 753 Abuja Properties – Granted ₦2bn Bail

Emefiele: Court Fixes Sept 15 For Ruling On Forensic Examination Of WhatsApp Evidence
Emefiele: Court Fixes Sept 15 For Ruling On Forensic Examination Of WhatsApp Evidence

Economic and Financial Crimes Commission (EFCC) has arraigned Godwin Emefiele, former Governor of Central Bank of Nigeria (CBN), over the alleged illegal acquisition of a 753-unit housing estate in Abuja.

Gatekeepers News reports that Emefiele pleaded not guilty to the eight-count charge before Yusuf Halilu, judge of a federal capital territory (FCT) high court.

Justice Halilu granted him bail of ₦2 billion, with two sureties in like sum. The sureties are required to own properties worth ₦2 billion within Asokoro, Maitama, or Wuse 2, areas under the court’s jurisdiction.

This is a developing story…