Emefiele seeks Bail on self recognition

The embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has filed for bail based on self-recognition.The bail application, which was filed by his lead counsel, Senior Advocate of Nigeria Joseph Daudu, was brought under the relevant provisions of the constitution, the Administration of Criminal Justice Act of 2015, and the court’s inherent powers.Emefiele requested for the ball pending when the hearing and determination of the charge filed against him by the Federal Government would commence.According to him, his reputation and past credible record, as well as his status as a former CBN governor, should be considered in granting him bail.He explained that he wasn’t a flight risk in any way and that he would not jump bail if granted.Emefiele’s application for bail was premised on nine grounds.He contended that the offenses for which he was charged were available, adding he has never been convicted of any crime and he is presumed innocent until proven guilty.He also argues that granting him bail would afford adequate time and facilities to prepare his defense for the charge.He also pointed out that since investigations have been concluded, there is no likelihood of interference on his part.While promising to attend trial punctually, the defendant also indicated his willingness to provide responsible sureties as may be required by the Court as a condition for the grant of bailRecall that the Federal Government, in the charge sheet, accused the suspended CBN governor of possessing a single-barrel shotgun (JOJEFF MAGNUM 8371) without a licence.The government said that the offense was contrary to Section 4 of the Firearms Act Cap F28 Laws of the Federation 2004 and punishable under Section 27 (1b) of the same Act.In the second count, the suspended CBN governor was accused of having in his possession 123 rounds of live ammunition (Cartridges) without a licence, which is contrary to section 8 of the Firearms Act Cap F28 Laws of the Federation 2004 and punishable under Section 27 (1)(b)(il) of the same Act.However, in a document put before the court supporting the bail application, Emefiele denied being guilty of the offense with which he is presently charged.