Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit - Politics (2) - Nairaland
Nairaland Forum › Nairaland General › Politics › Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit (10078 Views)
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by AngelicBeing: 8:39am On Jun 17, 2025 |
Hmmmmmmm Muchecheche .............................................. ![]() |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by Mtmike(m): 8:48am On Jun 17, 2025 |
Amitex:wonderful!!!! are you trying to say Emefiele should be freed because Tinubu, Abacha, Babangida, Diezani etc all stole more than him..... my country people una too funny |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by joshmanbaba: 8:50am On Jun 17, 2025 |
Where did he get the #2b from or who stood for him all these must be questioned |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by sunkee(f): 8:50am On Jun 17, 2025 |
The 2bn naira is too small. Our judiciary is only encouraging corruption. When I know I will be charged a peanut when I embezzle billions , then I will be glad to embezzle |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by cardoctor(m): 8:51am On Jun 17, 2025 |
N2 billion bail? I have never heard of such before. |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by sunkee(f): 8:52am On Jun 17, 2025 |
He should be charged like 50trillions so that he will have to sell all his properties and cough out all the money stolen . |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by maxkoko(m): 8:54am On Jun 17, 2025 |
🗳️ **Subject: Emefiele Granted ₦2bn Bail in 753-Unit Abuja Estate Fraud Case** **Key Details from Court Ruling (June 16, 2025):** 1️⃣ **Bail Conditions:** - **₦2 billion bail** granted by Justice Yusuf Halilu (FCT High Court, Maitama) . - **Two sureties required**, each owning **landed property valued at ₦2 billion** in high-brow Abuja districts: **Asokoro, Maitama, Wuse 2, or Life Camp** . - Emefiele must **surrender all travel documents** to the court. Bail must be perfected by **Wednesday, June 18**, or he faces remand . 2️⃣ **Charges by EFCC:** - **8-count indictment** for unlawfully acquiring a **753-unit estate** (Plot 109, Lokogoma District, Abuja) spanning 150,462 sqm . - **Money laundering** via proxy accounts (**₦7.8 billion** traced to Kelvito Integrated Services/Zenith Bank) . - **Forgery** of an "Irrevocable Power of Attorney" document . 3️⃣ **Trial Proceedings:** - Emefiele **pleaded "not guilty"** to all charges . - Prosecution led by Rotimi Oyedepo (SAN) requested **stricter bail terms**, citing gravity of offences . - Defence counsel Matthew Burkaa (SAN) secured **temporary release** pending bail perfection . - Next hearing: **July 11, 2025** . **Context & Reactions:** - **Fourth criminal case** against Emefiele; he complied with bail in 3 prior cases . - The disputed estate was **forfeited to FG** in Dec 2024 after EFCC proved "acquisition with unlawful proceeds" . - Public skepticism over **"elite-friendly" bail terms**: Sureties must own ₦2bn properties in elite areas—ordinary Nigerians wonder who qualifies . **💬 My Take:** While "innocent until proven guilty" is constitutional, this case tests public trust in high-profile accountability. If ₦7.8bn fraud charges + asset forfeiture don’t justify remand, what does? The sureties’ property demand feels like a "big man loophole." Let’s see if July 11 trial delivers substance or more delays. **Your thoughts, Nairalanders?** - Is this bail a **legal standard** or **class privilege**? - Will the **witnesses from Zenith/Access Bank** finally nail the evidence? |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by correctguy101(m): 8:58am On Jun 17, 2025 |
favor914:See you... Na who dem catch be thief. Until proven beyond doubt, Baba Buhari is innocent. E no matter say me, this ancestor think all Nigerian political office holders are criminals that deserve the maximum penalty but what to do? The law of the land itself was made for/by them and it protects these people... If na place like North Korea or China, we know say there'll not be anyone with that name again as dem go thoroughly comot am for existence. You dare steal public funds and get yasef caught? Na you do yasef.. |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by tollyboy5(m): 9:12am On Jun 17, 2025 |
ogaemma:Is he guilty or not? Is he guilty or not? Is he guilty or not? Is he guilty or not? Seun you do this one. Mention has to be full 40 words also. |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by allthingsgood: 9:30am On Jun 17, 2025 |
Amitex:Na any thing u like you de talk Where is your evidence....shiiooooooooor |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by Frezhkid10(m): 9:37am On Jun 17, 2025 |
Offpoint1:It’s not payable so far the accused attends all court proceedings..it’s in the event that he absconds from hearing then the property in like sum will be forfeited. |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by Offpoint1: 9:43am On Jun 17, 2025 |
Frezhkid10:Thanks for the clarity............ .......... ... .. |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by Apel147(m): 9:44am On Jun 17, 2025 |
So whose fault was it when dasuki, olise metuh, dezieni madueke and co stole billions under Jonathan? favor914: |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by uchennamani(m): 9:45am On Jun 17, 2025 |
Amitex:Lol. As if Lekki is a model for development. Dey play my fan. |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by Mrexcell(m): 10:01am On Jun 17, 2025 |
Amitex:Mr emilokun is the most corrupt politician in nigeria emefiele is just a learner. |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by Blackdisciple(m): 10:01am On Jun 17, 2025 |
They should keep him there oo because this man has done more harm to Nigeria than good, even buhari the wicked man good pass am |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by highoctane: 10:08am On Jun 17, 2025 |
vine4god:He must have broken one of the codes in Honor Among Thieves. |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by Akaujaa(m): 10:21am On Jun 17, 2025 |
Where is former president Buhari in all these saga. In Nigeria, no matter how bad a president was during his tenure, he can never be called to answer any question. That's why Nigeria can never get it right. How can a president mismanage public funds, sabotage the economy, have many people killed and when he leaves office, he goes scot free. |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by Nauttyprof(m): 10:36am On Jun 17, 2025 |
favor914:Including owning an Estate? Na wa o... You are part of the problem in this country |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by BreakingNews21: 10:58am On Jun 17, 2025 |
Mix up with the title of the thread. The bail hearings are adjourned until July 11th. Readers are leaders. |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by frog12: 11:11am On Jun 17, 2025 |
they are really SHAMELESS They say all rubbish ppogba: |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by McLizbae: 11:57am On Jun 17, 2025*. Modified: 2:49pm On Jun 17, 2025 |
The money that has been embezzled and mostly wasted in Nigeria, is enough to build another Dubai from scratch. |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by AGROnProperties(f): 1:49pm On Jun 17, 2025 |
MorataFC:Lol... Should that be the case, then I assume over 250 million Nigerians must have forgiven him. 😊 |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by adenigga(op): 2:32pm On Jun 17, 2025 |
joshmanbaba:He hasn't pay nor secure the 2 sureties, the court gave him till Wednesday, so he has been returned to EFCC custody pending the time he perfected the bail conditions. |
| Re: Emefiele Gets ₦2 Billion Bail In 753-Unit Estates Suit by Uche559(m): 9:38pm On Jun 17, 2025 |
D man biggest miscalculation was going into politics while in office which was wrong in d first place all thanks to baba blue. More worst, contesting for presidential ticket of d APC. Then came d cashless wahala dat shook even d strong n d mighty in d society. If not what is an estate that the second longest serving cbn governor cannot afford smne who has been in top positions all his life. For me oo he can afford such estate n even more. How many alleged corrupt officials under buhari, r going thru wat dis man is going thru? Whr is d former accountant general with d alleged 80bn stolen funds? Abegi..... |
Emefiele Appeals Final Forfeiture Order On 753-Unit Housing Estate • The Poor Cannot Live In 753 Duplexes Confiscated From Emefiele - Federal Housing • BREAKING: Emefiele Gets 72-Hour Ultimatum To Resign Or Be Sacked By Buhari • 2 • 3 • 4
"Amaechi Must Have Been Misquoted" - Fayemi's Media Team On Coalition Membership • Power Generation Has Degraded Even More – National Grid • Nigeria Seeks $3Billion Loan From China
