The High Court of the Federal Capital Territory, on Wednesday, admitted the former Governor of the Central Bank of Nigeria CBN, Godwin Emefiele to bail, after one hundred and fifty one days in the custody of the Federal Government’s security agencies
The court, in spite of stiff opposition from the Federal Government through the Attorney General of the Federation, AGF, and the Economic and Financial Crimes Commission, EFCC, permitted Emefiele to go home and prepare for his 15th of November arraignment.
Justice Olukayode Adegbola Adeniyi, who granted the bail, hinged his decision on the fact that Emefiele had stayed in government custody beyond the time stipulated by law.
On its part EFCC through its counsel, Farouk Abudalla, insisted that Emefiele had not spent three months in its own custody and urged the Court to refuse the bail request.
Counsel to the applicant, however, punctured the opposition of the Federal Government, adding that the claim of likelihood of interference in arraignment was speculative because his client was not declared a flight risk, urging Justice Ademiyi to disregard the claim of EFCC that Emefiele was brought to its custody only on 26th of October.