Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been released from the Kuje Correctional Centre in Abuja after fulfilling his bail conditions. A spokesperson for the correctional centre confirmed the release on Saturday, December 22, mentioning that Emefiele regained his freedom on Friday.<\/p>\n
Emefiele faces a six-count charge related to the alleged purchase of luxury vehicles amounting to N1.2 billion and the provision of what is described as a “corrupt advantage” during the procurement process. Despite the charges, the former CBN governor was granted bail set at N300 million, requiring two sureties in a similar amount. The sureties are mandated to possess landed properties in the upscale Maitama District of Abuja, with the additional requirement of depositing the Certificate of Occupancy for their properties.<\/p>\n
Emefiele’s release on bail signals a development in the legal proceedings against him, allowing him to await further court proceedings outside the correctional facility.<\/p>\n","protected":false},"excerpt":{"rendered":"
Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been released from the Kuje Correctional Centre in Abuja after fulfilling his bail conditions. A spokesperson for the correctional centre confirmed the release on Saturday, December 22, mentioning that Emefiele regained his freedom on Friday. Emefiele faces a six-count charge related to the […]<\/p>\n","protected":false},"author":3,"featured_media":3415,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[35],"tags":[],"class_list":["post-3412","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/posts\/3412"}],"collection":[{"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/comments?post=3412"}],"version-history":[{"count":1,"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/posts\/3412\/revisions"}],"predecessor-version":[{"id":3416,"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/posts\/3412\/revisions\/3416"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/media\/3415"}],"wp:attachment":[{"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/media?parent=3412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/categories?post=3412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/tags?post=3412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}