BREAKING: Court grants Ex-cbn governor Emefiele permission to travel




The Federal Capital Territory High Court has granted the request of a former governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, to travel out of Abuja.

Recall that the court gave the verdict when the embattled apex bank boss appeared on Thursday, January 18, to seek a variation of his bail conditions.

The court, however, said Emefiele must remain in the country.

In his bail terms, he was restricted to the FCT.

Newssphere recalls that in November last year, the court granted Emefiele N300 million.

After meeting his bail conditions, Emefiele was freed from Kuje prison in December.

Recall that the Economic and Financial Crimes Commission, EFCC, and the Nigerian Federal Government over alleged N1.2 billion procurement fraud.

Meanwhile, revelations from Jim Obazee, President Bola Ahmed Tinubu’s special investigator probing the Central Bank of Nigeria, CBN showed that Emefiele used proxies to acquire Union Bank of Nigeria for Titan Trust Bank Limited and Keystone Bank without any evidence of payment and among other indictments.