Society Gists

Godwin Emefiele, a former governor of the Central Bank of Nigeria (CBN), has been placed under remand in the Economic and Financial Crimes Commission’s (EFCC) custody by the Ikeja High Court in Lagos State.

He will be placed under detention until the court’s next postponed hearing on Thursday, April 11, when it will make a decision regarding bail.

In addition, Emefiele’s co-defendant Henry Omoile was placed under remand at the Kirikiri Prison by Justice Rahman Oshodi until the court’s decision on his bail was made on Thursday.

After hearing the bail requests submitted by the men’s attorney, AbdulHakeem Labi-Lawal, the court ruled that both individuals should be placed under detention.

In asking for Emefiele’s bail, the counsel has told the court to grant Emefiele bail on self recognizance pending the hearing and determination of the case or on the most liberal bail terms. The counsel also asked the court to grant the second defendant bail on the most liberal terms.

The EFCC counsel, Senior Advocate of Nigeria, Rotimi Oyedepo in his response, did not oppose the request for bail. He asked the court to exercise its discretion in the grant of bail.