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Godwin Emefiele has appeared before the Federal High Court sitting in Lagos for his alleged gun possession trial.


The suspended Central Bank of Nigeria (CBN) Governor arrived before lawyers arrived and is standing trial on a two-count charge of possessing a single-barrel shotgun (JOJEFF MAGNUM 8371) without a licence.

The federal high court in Ikoyi, Lagos, on Tuesday granted bail to the suspended CBN governor, Godwin Emefiele, in the sum of N20 million with one surety in like sum.

In his ruling, the judge, Nicholas Oweibo, said He was brought to the federal court on Tuesday at 9:21 a.m. by officers of the State Security Service (SSS).

Bail Application

Earlier in the hearing, Mr Daodu, a senior lawyer, had urged the court to grant bail to his client on self-recognisance or other liberal terms, pending the hearing and determination of the trial.

“There is no counter affidavit from the federal government. This is an unopposed application. He is a renowned banker and can only stay at his house. He can’t travel anywhere,” he told the court.the charges against the defendant were bailable.

But the deputy director of prosecutions at the office of the attorney general of the federation, Nkiru Jones-Nebo, opposed the application saying that the prosecution had not been given time to respond.

In the spirit of fair hearing enshrined in the constitution, Ms Jones added that they have information that the defendant’s refusal to hand in his passport suggests his capacity to evade and abscond from his trial.

Mr Emefiele, through this lawyer, Joseph Daodu, had moved his bail application before the judge.

He had earlier pleaded during the hearing not guilty to two counts of illegal possession of firearms and live ammunition.

The SSS arrested Mr Emefiele at his home in Lagos on 10 June and immediately flew him to Abuja to face interrogation.

But the court had rejected the federal government’s claim that it had not received a copy of the bail application filed by Mr Emefiele in his alleged gun possession trial.

Justice Oweibo held that there was evidence that the government was served.

Mr Emefiele is standing trial on a two-count charges, which accuses him of possessing a single-barrel shotgun (JOJEFF MAGNUM 8371) without a licence on June 15 at Ikoyi.

The federal government maintained that the offence was contrary to Section 4 of the Firearms Act, 2004, and punishable under Section 27 (1b) of the same Act.

In the second count, the suspended CBN governor was accused of having in his possession 123 rounds of live ammunition (Cartridges) without a licence, which was contrary to Section 8 of the Firearms Act 2004 and punishable under Section 27 (1)(b)(il) of the same Act.

He has pleaded not guilty to both counts. OYO NEWS

By oyonews

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