An Abuja High Court on Friday ordered that the suspended Central Bank Governor, Godwin Emefiele, be remanded in Kuje correctional center until Nov 22.
Justice Hamza Muazu gave the order and adjourned until Nov. 22 when Emefiele’s bail application will be heard.
The trial which had been stalled on three occasions finally held on Friday.
The Federal Government had initially preferred 20 charges on procurement fraud to the tune of N6.5 billion against the former CBN governor.
But the FG reduced the charges to six to the tune of over N1bn which he was arraigned on Friday.
At Friday proceedings, Emefiele’s counsel, Mathew Burkaa SAN, moved the application for bail but the FG counsel, Rotimi Oyedepo vehemently opposed granting bail to the former CBN governor.
The Judge said he needed a little time to study the authorities and peruse through the exhibits supplied by Emefiele to support his request for bail.
Officials of the Kuje prison authority have been contacted to bring a vehicle to convey him to prison.