20 Count Amended Charges: EFCC Re-Arraigns Emefiele On Fresh Charges

By Chris Udochukwu The Economic and Financial Crimes Commission, EFCC has re-arraigned a former governor of Central Bank of Nigeria, CBN, Godwin Emefiele before Justice Hamza Muazu of the Federal Capital Territory, FCT, High Court, Maitama, Abuja. He was re-arraigned on Friday, January 19, 2024 on 20-count amended charges bordering on conferment of corrupt advantages, conspiracy, criminal breach of trust, forgery and obtaining by false pretences to the tune of Six Million, Two Hundred and Thirty Thousand United States Dollar ($6,230,000.00). Count One of the charges reads: “That you, Godwin Ifeanyi Emefiele, male, adult, sometime in 2018 within the jurisdiction of this honourable court did use your position as governor of the Central Bank of Nigeria to confer a corrupt advantage on Saadatu Ramallan Yaro, a staff of the Central Bank of Nigeria by awarding a contract for the supply of 37 (Nos.) Toyota Hilux Vehicles at the cost of Eight Hundred and Fifty-Four Million, Seven Hundred Thousand Naira (N854,700,000.00) to April 1616 Investment Ltd, a company in which the said Saadutu Ramallan Yaro is a director and you thereby …

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Amended 20-Count Charges: Emefiele Pleads Not Guilty

By Ogechi Okorie Erstwhile Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has pleaded not guilty to the amended criminal charge filed against him by the federal government. On Thursday, the federal government amended the criminal charge it filed against the former CBN governor. The charge was previously six counts but was increased to 20 counts. The amended charge borders on criminal breach of trust, forgery, conspiracy to commit forgery, procurement fraud and conspiracy to commit a felony. Subsequently, the presiding judge adjourned the trial to February 12 and 13. Earlier on Thursday, the Federal Capital Territory High Court Justice, Hamza Muazu granted the immediate past Governor of the Central Bank of Nigeria, Godwin Emefiele’s request to travel out of the FCT. The court however, said that Emefiele must remain in the country. His bail terms were previously restricted to the FCT. The court had in November granted Emefiele bail in the sum of N300 million with two sureties in like sum. His lawyer and Senior Advocate of Nigeria, Mathew Burkaa said that Emefiele was released from the …

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Naira redesign had Buhari’s approval, CBN investigator pursuing satanic agenda with false report -Emefiele

By Chris Udochukwu Former Governor of Central Bank of Nigeria, Godwin Emefiele has described the allegations brought against him by Jim Obazee, the presidential-appointed investigator tasked with probing his CBN management, as false. Following his release from Kuje prison, where he was held for over six months after meeting his bail conditions, Emefiele issued a press release on Sunday. He strongly maintained that the widely circulated accusations against him were false. Responding to a publication titled “Re: EMEFIELE, OTHERS STOLE BILLIONS, ILLEGALLY KEPT NIGERIA’S FUNDS IN FOREIGN BANKS,” the embattled former CBN governor strongly contested the allegations. He stressed that the accusations were “false, misleading, and calculated to disparage my person, injure my character, and serve the selfish interest of the private investigator.” He said he has instructed his lawyers to immediately commence legal process to clear my name from the defamatory statements contained in the report and by extension the publication The statement reads: “After my release on bail from the correctional centre, Kuje, my attention was drawn to publications released by the Punch Newspaper and Premium Times online …

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Emefiele secretly released from Kuje prison after meeting bail conditions

By Chris Udochukwu Embattled former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has finally fulfilled his bail conditions and has been released from Kuje Prison secretly. A source in the prison who revealed the ex-CBN governor release via a text message said, “Emefiele was released quietly in Kuje prison at 3pm today after fulfilling his bail conditions secretly.” The source further said, “The Economic and Financial Crimes Commission is still looking for him to arrest him,” and that’s “why he was released secretly.” He said everything was done secretly in active connivance with the prison officials who perfected the plan and hid him from visitors who were visiting the facility. The former CBN top man was unable to fulfil the bail conditions over fears that the government may come after anyone who would stand as his surety. It’s not clear at the time of going to press who came to his rescue as one of his lawyers, Maxwell Opara said, “I can’t confirm that to you unless I speak with the brother.” Precise Post recalls that Justice …

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