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Court remands Emefiele in EFCC custody

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On Monday, Justice Rahman Oshodi of the Ikeja Special Offences Court remanded former Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele in the custody of the Economic and Financial Crimes Commission following his arraignment over alleged abuse of office.

The embattled bank chief will remain in the custody of the anti-graft agency until Thursday, when the court will rule on his bail plea, as filed by his counsel.

The presiding judge, Justice Rahman Oshodi gave the remand order after Emefiele and his co-defendants, Herry Omoile, pleaded not guilty to a 26-count charge bordering on abuse of office brought against them by the EFCC.

The judge however, remanded Omoile in the custody of the Nigerian Correctional Services.

Before the court’s ruling, Emefiele‘s lawyer Abdulakeem Ladi-Lawal had urged the court to admit his client to bail self-recognition or, on the most liberal terms.

The EFCC lawyer, Rotimi Oyedepo, SAN, did not oppose the bail application but urged the judge to impose conditions that would compel the defendants to court for their trial.

Recall that the defendants were accused of accepting gratification, accepting gifts through agents, corruption, and fraudulent property receipts.

He was also accused of conferring a corrupt advantage on his associates contrary to the Corrupt Practices Act of 2000 in the charge filed on April 3rd by the EFCC Prosecutor, Rotimi Oyedepo, SAN.

Emefiele is also being prosecuted by the EFCC at the Federal Capital Territory High Court in Abuja over allegations of fraudulent financial transactions during his time in office.