Former CBN Chief Emefiele Freed From Prison After Fulfilling Bail Conditions
<p>The federal government is prosecuting him for alleged procurement fraud.</p>
<p>The post <a rel="nofollow" href="https://www.arise.tv/former-cbn-chief-emefiele-freed-from-prison-after-fulfilling-bail-conditions/">Former CBN Chief Emefiele Freed From Prison After Fulfilling Bail Conditions</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>
Former governor of the Central Bank of Nigeria Godwin Emefiele has been released from the Kuje Correctional Centre in Abuja after meeting his bail conditions.A spokesperson for the centre, confirmed the development on Saturday, revealing that Emefiele was released on Friday, December 22.
Emefiele is being prosecuted on a six-count charge for the purchase of luxury vehicles in the sum of N1.2 billion and for giving what it terms “corrupt advantage” during the procurement process.
However the former CBN governor was granted bail in the sum of N300milllion with two sureties in like sum, individuals who must own landed properties in highbrow Maitama District of Abuja. The sureties were also expected to deposit the Certificate of Occupancy of their properties.
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<p>The presidential candidate of the Labour Party (LP) in the 2023 election, Peter Obi, former vice president, Yemi Osinbajo, and the General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, on Sunday, visited the residence of the late leader of the pan-Yoruba socio-cultural group, Afenifere, Ayo Adebanjo. Naija News understands that the […]</p>
<p>The post <a href="https://www.naijanews.com/2025/02/16/osinbajo-adeboye-peter-obi-others-visit-adebanjos-residence-photos/">Osinbajo, Adeboye, Peter Obi, Others Visit Adebanjo’s Residence (Photos)</a> appeared first on <a href="https://www.naijanews.com">Naija News</a>.</p>
