The Federal Capital Territory High Court in Maitama, Abuja, on Monday, granted bail to the former Governor of the Central Bank of Nigeria, Godwin Emefiele, in the sum of N2bn.
Emefiele was arraigned on eight counts bordering on the alleged unlawful acquisition of a housing estate comprising 753 units.
He was also accused of embezzling and controlling billions of naira through proxy accounts.
The PUNCH reported that the Economic and Financial Crimes Commission, in a charge marked CR/350/25, dated Friday, May 30, 2025, accused Emefiele of colluding with one Eric Ocheme, who is reportedly at large, to acquire the property and funds
