The former governor of the Central Bank of Nigeria, Godwin Emefiele has been released from the Kuje Correctional Centre, thirty-five days after he was taken into cell.
According to PUNCH, Emefiele was released on Friday, after meeting up with his bail conditions.
The spokesperson for the Kuje Correctional Centre, FCT, Adamu Duza, also confirmed the development on Saturday.
In his words, Emefiele had met all his bail conditions as set by the court, and had no reason to remain in prison.
“He met his bail condition and was released past 2pm yesterday (Friday),” he said.
Recall that the Federal Capital Territory High Court Abuja, earlier granted N300m bail, along two sureties in like sum to Emefiele, who is being prosecuted for alleged procurement fraud.
The judge added that the sureties must have certificates of occupancy and titles of properties within the Maitama District of Abuja.
Emefiele was also ordered to deposit all his travel documents with the registrar of the court, adding that he must remain within the Abuja Municipal Area Council.
Meanwhile, BBN reported yesterday that, after thorough investigation, the Special Investigator probing the CBN, Jim Obazee, said Emefiele and others embezzled billions of naira and committed other gross financial offences.
Obazee’s report which was submitted to President Bola Tinubu on December 9 2023, indicated that Emefiele who was in office from June 2014 to June 2023, engaged “in fraudulent cash withdrawal of $6.23 million”, and perpetrated fraud in the redesign of the naira, while he allegedly kept 543.4 million pounds in the United Kingdom.