Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been released on bail after spending 151 days in custody.
The release follows a High Court ruling in the Federal Capital Territory, despite objections from the Attorney-General of the Federation and the Economic and Financial Crimes Commission.
Justice Olukayode Adeniyi ordered Emefiele’s release and directed him to surrender all international travel documents.
The judge emphasized the need to end detention without trial, stating that the court had previously ordered the release or production of Emefiele on bail.
Emefiele arrived at his Abuja home after the court ruling, with the court highlighting the speculative nature of the government’s claim of arraignment on November 15.
The court also noted discrepancies in a remand order presented by the Federal Government.
The release comes after a fundamental right enforcement suit filed by Emefiele, citing the Federal Republic of Nigeria, the Attorney-General of the Federation, Chairman of the EFCC, and the EFCC itself as respondents. Further proceedings are adjourned until November 17.
Emefiele had been suspended by President Bola Tinubu on June 9, leading to his arrest and subsequent legal proceedings.