Business

Emefiele Arrives Lagos Court For Arraignment

EFCC alleged that Emefiele abused his office between 2022 and 2023 in Lagos.


8th April 2024 09:03 AM

The former Governor of the Central Bank of Nigeria Godwin Emefiele on Monday arrived at the Ikeja State High Court in Lagos for his arraignment over the alleged abuse of office and allocation of billions of dollars.

Emefiele, alongside his co-defendant, Henry Omole, will be arraigned on fresh 26 counts before Justice Rahman Oshodi this morning.

In the charge marked ID/23787c/2024 and dated April 3, 2024, the EFCC alleged that Emefiele abused his office between 2022 and 2023 in Lagos.

The commission alleged that the former CBN governor “directed to be done in abuse of the authority of your office, as the Governor, Central Bank of Nigeria, an arbitrary act, to wit: allocating foreign exchange in the aggregate sum of $2,136,391,737.33 without bids, which act is prejudicial to the rights of Nigerians.”