By Emmanuel Adeleke
An Abuja High Court has remanded the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, in Kuje Correctional Centre pending the determination of his bail application.
Emefiele is standing trial on an alleged procurement fraud.
The trial which had been stalled on three occasions finally held on Friday.
Recall that the Federal Government had initially preferred 20 charges bordering on procurement fraud to the tune of N6.5 billion against the former CBN Vovernor.
The Economic and Financial Crimes Commission (EFCC) later arraigned Emefiele before Justice Hamza Muazu on a six-count amended charges.
His counsel, Mathew Burkaa (SAN), had moved the application for his bail but the EFCC counsel, Rotimi Oyedepo, opposed it.
After listening arguments, Justice Muazu said he needed a little time to study the exhibits supplied by Emefiele to support his request for bail.
He, however, ordered that Emefiele be remanded at the Kuje prison pending the determination of his bail application.
He adjourned the case till November 22, 2023.