Justice Hamza Muazu of the High Court of the Federal Capital Territory, Abuja, has postponed the trial of former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to January 18, 2024.
During the resumed hearing on Tuesday, Justice Muazu ruled that Emefiele would remain at the Kuje Correctional Center in Abuja pending the completion of his bail conditions.
The former CBN boss has been ordered to deposit all his travel documents at the court registry and must remain within the Abuja Municipal Council.
Emefiele was absent on Wednesday morning due to the ruling on his bail application. However, his lawyer, Mathew Burkaa, said it was normal as he was already at the Kuje Correctional Centre.
Recall that the Federal High Court in Lagos State four months ago granted him bail of N20 million, which the Federal Government has not honoured.
The Federal Government charged Emefiele on November 17, 2023, on a six-count charge bordering on alleged tender fraud.
The original charge, which was 20 counts amounting to N6.5 billion, was reduced to six, amounting to N1.6 billion. Emefiele is the only suspect in the new indictment.
The former CBN governor pleaded not guilty to the six charges after it was read to him.
According to the amended indictment, the charges still border on tender fraud. The Federal Government alleged that Emefiele illegally purchased 43 vehicles worth N1.2 billion between 2018 and 2020.
He was also accused of awarding a contract for the purchase of 37 Toyota Hilux vehicles worth N854 million.
Follow us on Google
Journalism Standards © 2023 Naija News, a division of Polance Media Inc.