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Emefiele Gets ₦‎2 Billion Bail In 753-Unit Estates Suit - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsEmefiele Gets ₦‎2 Billion Bail In 753-Unit Estates Suit (10078 Views)

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Re: Emefiele Gets ₦‎2 Billion Bail In 753-Unit Estates Suit by AngelicBeing: 8:39am On Jun 17, 2025
Hmmmmmmm Muchecheche .............................................. sad
Re: Emefiele Gets ₦‎2 Billion Bail In 753-Unit Estates Suit by Mtmike(m): 8:48am On Jun 17, 2025
Amitex:
Tinubu stole more than Emefiele. All the money stolen from Lagos State in the name of Alpha-Beta can build another Lekki.
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:
Please dey should leave Godwin Emefiele alone, all these is President Buhari’s fault.
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:
Another victim of political persecution because he is a minority.
Another President will come that will still grant him Presidential Pardon, just like Ibori.
Nigeria is pady pady Politics.
Useless country.
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:
Tinubu stole more than Emefiele. All the money stolen from Lagos State in the name of Alpha-Beta can build another Lekki.
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:
What a country....

Where does bail funds goes to? Isn't it into government account? Lawyers in the house educate me please.


Government official steals billions from the masses pockets, government grant them millions in bail, bail money returns back to the government pocket..... Isn't like "Steal from the public, give % to the government and keep the rest? We all know he'll never be jailed.


Funny country
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:
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.
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:
Please dey should leave Godwin Emefiele alone, all these is President Buhari’s fault.
Re: Emefiele Gets ₦‎2 Billion Bail In 753-Unit Estates Suit by uchennamani(m): 9:45am On Jun 17, 2025
Amitex:
Tinubu stole more than Emefiele. All the money stolen from Lagos State in the name of Alpha-Beta can build another Lekki.
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:
Tinubu stole more than Emefiele. All the money stolen from Lagos State in the name of Alpha-Beta can build another Lekki.
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:
I'm just wondering, is emiefele the only one that served under buhari, how about the scam aviation minister that misappropriated billions tf not trillions on the scam Nigeria airline. He who dines with the devil uses a long spoon
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:
Please dey should leave Godwin Emefiele alone, all these is President Buhari’s fault.
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 shocked shocked shocked

They say all rubbish

ppogba:
The comments on Nairaland is a reflection of the Nigerian youth.

Shameless!
Re: Emefiele Gets ₦‎2 Billion Bail In 753-Unit Estates Suit by McLizbae:
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:
You should try to make comedy your choice career , you will make fortune from it.
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:
Where did he get the #2b from or who stood for him all these must be questioned
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.....
1 2 Reply

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