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FG reduces charges against Emefiele, causing a delay in the arraignment due to a strike

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The Federal Government has amended the fraud charges against the former Governor of the Central Bank of Nigeria, Godwin Emefiele, reducing them from 20 to six counts.

Originally totaling N6.5bn, the alleged procurement fraud now stands at N1.2bn.

Emefiele, along with CBN employee Sa’adatu Yaro, faced delays in their arraignment, with the charges stating Emefiele’s involvement in the illegal purchase of 43 vehicles between 2018 and 2020, valued at N1.2bn.

The charges also accuse him of favoring Yaro by awarding contracts to her company, April 1616 Investment.

The case was affected by the recent strike, preventing proceedings in the High Court of the Federal Capital Territory, Abuja.

 

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