A Federal High Court sitting in Abuja has ordered the remand of former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele in Kuje Correctional facility pending ruling on his bail application.
Justice Hamza Muazu issued the order on Friday following Emefiele’s arraignment and his plea of not guilty to a six-count amended charge brought against him by the Economic and Financial Crimes Commission (EFCC).
The lead counsel, Mathew Burkaa, SAN, moved the application for bail which Rotimi Oyedepo vehemently opposed on behalf of the Federal Government.
After taking arguments for and against the application, Justice Muazu said a bench ruling could not be delivered in view of the plethora of authorities cited by the two parties.
The Judge said he needed a little time to study the authorities and peruse through the exhibits supplied by Emefiele to support his request for bail.
At the time of this report, officials of the Kuje prison authority have been contacted to bring a vehicle to convey him to prison.