A Federal Capital Territory High Court in Abuja on Wednesday granted bail in the sum of N300m to former Governor of the Central Bank of Nigeria, Godwin Emefiele.
Delivering judgement, Justice Hamza Muazu who demanded two sureties in like sum said the sureties must have Certificates of Occupancy and titles of property within the Maitama District.
He also ordered Emefiele to deposit all his travel documents with the registrar of the court and to remain within the Abuja Municipal Area Council.
Emefiele is standing trial for alleged procurement fraud which initially amounted to the tune of N6.5 billion.
However, the charges were recently reviewed from 20 to six to the tune of N1.2bn.
