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By Iheanyi Chukwudi
Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has been granted bail by a High Court of the Federal Capital Territory (FCT) Maitama, Abuja.
Emefiele was granted bail in the sum of N300 million and two sureties in like sum by the court presided over by Justice Hamza Muazu.
While ruling on Emefiele's bail application on Wednesday, Justice Muazu said the sureties must have Certificates of Occupancy (C of O) and titles of property within the Maitama District.
The Judge also ordered Emefiele to deposit all his travel documents with the Registrar of the court and to remain within the Abuja Municipal Area Council.
Justice Muazu further held that the former CBN Governor be kept in Kuje Correctional Centre till he meets the bail conditions.
He adjourned the matter till November 28 for the commencement of trial.
The former CBN boss who is standing trial for alleged procurement fraud, was not in court during the Wednesday's proceedings.
Recall that two weeks ago another FCT High Court had ordered Emefiele's release in a fundamental human rights suit he instituted against the federal government.
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