‘Abuse of office’: Lagos court grants Emefiele N50m bail

During the court proceedings on Monday, A. Labi-Lawal,
counsel to Emefiele, prayed the court to grant his client bail on self
recognition with liberal terms, pending the determination of the case.

Rotimi Oyedepo, counsel to the Economic and Financial Crimes
Commission (EFCC), did not oppose the bail application moved by the defence
counsel.

The judge adjourned ruling on the bail application to April
11.

However, the court could not hear the application because of
the Eid-el-Fitr holiday.

Highlighting the bail conditions, the judge said the two
sureties must be gainfully employed and have three years tax payment with the
Lagos state government.

The judge ordered that the addresses of the two sureties
must be verified.

For the second defendant, the judge granted him N1 million
bail with two sureties, who must provide two years tax clearance.