GhanaWeb TV




Nigerian ex-central bank chief remanded in custody pending bail hearing

Godwin Emefiele Governor Of The Central Bank Of Nigeria1 Former Central Bank Governor of Nigeria, Godwin Emefiele

Sun, 19 Nov 2023 Source: GNA

A Nigerian court on Friday remanded former central bank governor Godwin Emefiele in custody on charges of procurement fraud, pending a bail hearing scheduled for Wednesday.

Emefiele applied for bail after pleading not guilty to six new graft charges that accused him of “conferring corrupt advantage”. Prosecutors cut the charges from a previous 20-count indictment, which he faced along with two others, so he could be tried separately and quickly.

“The matter is hereby adjourned to Wednesday, November 22, for ruling on the bail application. Meanwhile, the defendant should be remanded in Kuje Correctional Centre pending the ruling on his bail,” Justice Hamza Muazu said.

The main trial is set to start on Nov. 28, the judge said.

Last week, Emefiele was granted bail by a separate judge after successfully challenging five months in detention.

Emefiele, who has not commented publicly on the case, was suspended by President Bola Tinubu on June 9 and was arrested a day later.

He resigned in August while in detention, paving the way for the appointment of new central bank governor Olayemi Cardoso in September.

Watch the latest edition of BizTech below:

Click here to follow the GhanaWeb Business WhatsApp channel

Ghana’s leading digital news platform, GhanaWeb, in conjunction with the Korle-Bu Teaching Hospital, is embarking on an aggressive campaign which is geared towards ensuring that parliament passes comprehensive legislation to guide organ harvesting, organ donation, and organ transplantation in the country.

Source: GNA