Justice Hamza Muazu of the FCT High Court sitting in Maitama has granted bail to former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.
In a ruling on Wednesday, Justice Muazu granted Emefiele bail in the sum of N300 million with two sureties who must have landed property in the Maitama District of the FCT.
The former CBN governor was also mandated to deposit all his travel documents with the court’s registrar.
Justice Muazu also ordered the defendant to remain within the Abuja Municipal Council.
Emefiele was not in court when the ruling was delivered as he had been remanded at Kuje Correctional Centre by order of court last week.
The ex-CBN governor is to remain in Kuje Correctional Centre until he perfects his bail conditions.