Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN), appeared in the Federal High Court in Lagos on Tuesday to face allegations of gun possession.

Clad in a yellow jalabiya and holding a black Bible, Emefiele entered the dock amidst tight security and pleaded “My Lord, I am not guilty” to two counts of possessing a single-barrel shotgun (JOJEFF MAGNUM 8371) without a license. The charge is said to contravene Section 4 of the Firearms Act, and is punishable under Section 27 (1b) of the same Act.

At present, lawyers for the Defence and Prosecution are engaged in arguments regarding Emefiele’s bail application. While the Defence is pushing for the bail application to be heard, a lawyer from the Ministry stated that they have not been served with the necessary documents.

The court is yet to rule on the matter as of the time of reporting. Further details will be provided as the story develops.