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Court Orders Remand Of Emefiele In EFCC Custody

The Ikeja High Court in Lagos has issued a significant ruling, ordering the remand of Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), in the custody of the Economic and Financial Crimes Commission (EFCC). Additionally, the court directed the co-defendant, Henry Omoile, to be held at Kirikiri Prison pending a ruling on their bail applications, scheduled for Thursday, April 11. Presided over by Justice Rahman Oshodi, this decision came after a thorough hearing of bail applications from the defendants’ counsel, Lebi Lawal.

Published

3 weeks ago

April 8, 2024

Stella Charles Akupue

Court Orders Remand Of Emefiele In EFCC Custody

The Ikeja High Court in Lagos has made a significant decision regarding the case involving Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN). Presided over by Justice Rahman Oshodi, the court ordered the remand of Emefiele in the custody of the Economic and Financial Crimes Commission (EFCC).

Additionally, Emefiele’s co-defendant, Henry Omoile, was directed to be held at Kirikiri Prison pending a ruling on their bail applications, which is set for Thursday, April 11.

The court’s decision followed the hearing of bail applications from the defendants’ counsel, Lebi Lawal. Lawal advocated for Emefiele’s release on self-recognizance or under liberal bail conditions, considering his status and the nature of the charges. Similar leniency was requested for Omoile, emphasizing the need for fair treatment in the legal process.

Notably, the EFCC’s representative, Senior Advocate of Nigeria, Rotimi Oyedepo, did not object to the bail plea but left the decision to the court’s discretion, highlighting the judiciary’s autonomy in such matters.

Emefiele’s appearance before the court stems from charges related to the alleged misuse of his position and the allocation of billions of dollars.

The charge sheet, dated April 3, 2024, and referenced ID/23787c/2024, outlines accusations against Emefiele for abusing his authority in Lagos between 2022 and 2023. As the legal proceedings continue, the court’s decision underscores the importance of fair and transparent adjudication in matters of alleged financial misconduct.

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