The Former Governor of the Central Bank of Nigeria, Godwin Emefiele, has been released after meeting the bail conditions granted to him by the Court.
Emefiele, who arrived at the Lagos High Court, Ikeja in the custody of operatives of the Economic and Financial Crimes Commission (EFCC) on Friday, left for his home after the court proceedings.
Justice Rahman Oshodi, who ruled on his bail application, admitted him to bail in the sum of N50m with two sureties in like sum.
Shortly after the court granted him bail, the trial started with the EFCC calling its first prosecution witness.
The witness, a staff of the Central Bank of Nigeria (CBN), Monday Osazuwa, told the court how the former CBN Governor on different occasions, directed him to collect the sum of $3 million cash in tranches.
The court has adjourned to April 29 for the continuation of the trial and hearing of some applications requesting a closed session for some of the prosecution’s witnesses.
