Godwin Emefiele
Godwin Emefiele, Nigeria’s suspended central bank governor has been granted bail by a Lagos High Court after he denied owning short gun.
Emefiele is largely believed to have worked against the emergence of President Bola Tinubu through the CBN naira re-design policy, a botched policy aimed to stem vote-buying during the February elections. He appeared in court more than a month after he was arrested by the country’s secret police.
Godwin Emefiele was charged with illegally owning a shotgun and ammunition at Tuesday’s appearance in Lagos, where he arrived clutching a huge Bible.
He denied the allegations.
The 61-year-old has been granted bail by Justice Nicholas Oweibo, who rejected the government’s claim that Mr Emefiele was a flight risk.
It marks a spectacular fall for a man that only recently flirted with the idea of becoming Nigeria’s president.
He was not successful in getting the nomination of the ruling party, but his decision to pursue it while he was still at the bank was heavily criticised and marked a low point in the institution’s history, critics said.
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