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Emefiele, a former CBN governor, is granted N20 million in bail by the court

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The Central Bank of Nigeria’s (CBN) immediately previous Governor, Godwin Emefiele, was granted bail on Tuesday by a Federal High Court sitting in Lagos.

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Emefiele was given bail in the amount of N20 million, with a guarantee in the same amount.

This came when the Department of State Service, or DSS, filed a two-count complaint against him for illegally possessing a handgun.

After Emefiele entered a not guilty plea to the two counts against him, his attorney Joseph Daudu filed a request for bail on his behalf, arguing that the crime for which he was accused is one for which bail is allowable.

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Emefiele was taken into custody by the DSS about a month ago following his suspension by President Bola Tinubu.

Around 9:23 a.m., he was driven to court in a white Toyota Hilux pickup van with the license plate number concealed.

Emefiele was aided by a woman when she exited the van at the courthouse and walked out in front of Justice Nicolas Oweibo.

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