EFCC Presents Case Against Suspended CBN Governor Emefiele for Alleged Procurement Fraud

EFCC Presents Case Against Suspended CBN Governor Emefiele for Alleged Procurement FraudFormer CBN Governor Godwin Emefiele Faces Charges of Obtaining $6.23 Million by False Pretence

The Economic and Financial Crimes Commission (EFCC) commenced its case against Godwin Emefiele, the suspended Central Bank Governor, in an FCT High Court in Abuja, accusing him of procurement fraud.

The EFCC has brought forth amended charges against Emefiele, including counts of criminal conspiracy, conferring undue advantage, and breach of trust, among others, all of which he denied during his initial arraignment on November 28, 2023.

The amended charges led to a re-arraignment, during which Emefiele pleaded not guilty.

The EFCC’s First Witness, Onyeka Ogbu, a deputy director in CBN’s branch operations, testified that $6.2 million was earmarked for international election observers. Ogbu stated that upon receiving the payment request on January 8, 2023, he processed and disbursed the funds after due diligence.

However, Emefiele’s defense counsel, Matthew Burkaa, a Senior Advocate of Nigeria (SAN), opposed the prosecution’s request for an adjournment, insisting on immediate cross-examination of the witness.

The charges against Emefiele include allegations of forging a document titled “RE: PRESIDENTIAL DIRECTIVE ON FOREIGN ELECTION OBSERVER MISSIONS,” and conniving to obtain $6.2 million from the CBN, among others.

The EFCC also alleges that Emefiele awarded a renovation contract for the CBN Governor’s lodge to a company in which he and another individual are directors and majority shareholders.

The EFCC initially charged Emefiele, along with Mrs. Sa’adatu Yaro and April 1616 Investment Limited, for purported breaches of the procurement Act concerning vehicle purchases.

The trial is set to continue on Tuesday as Justice Hamza Muazu adjourned the matter for further proceedings.


Copyright 2024 REPORT AFRIQUE (RA). Permission to use portions of this article is granted provided appropriate credits are given to www.reportafrique.com and other relevant sources.This Article is Fact-Checked. See Policy.
Total
0
Shares

Be the first to get an update on this story!

Join our Channel...

Whatsapp Channel

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

PARTNER FEEDS

Related Posts
Total
1
Share