Former Nigerian central bank governor granted bail on fraud charges

Emefiele pleads not guilty to new $2 million fraud indictment, trial starts November 28

Central Bank of Nigeria
Wikimedia/Commons/Godwin Paya

Godwin Emefiele, former governor of the Central Bank of Nigeria, was released on bail on November 22. 

Emefiele has been charged with six counts of fraud and corruption amounting to 1.6 billion naira ($2 million). He has been held in detention since June. Emefiele’s bail is conditional on a 300 million naira bond and two sureties with properties, Al Jazeera reported. 

The judge ordered the former bank chief to hand over his travel documents and remain in the capital Abuja while the case

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