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

Date:

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.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tourism, Policy and the Orange Economy: NTDA Engages Strategic Leaders at NIPSS

Discussions on the growing role of tourism in shaping...

THE RECKONING: AMVCA 2026 NOMINATIONS AND THE NEW FACE OF AFRICAN SCREEN STORYTELLING

The Africa Magic Viewers’ Choice Awards has never been...

Ebi Festival Ikija-Ijebu 2026: A Celebration of Tradition, Community, and Ancestral Heritage

The 2026 edition of the Ebi Festival in Ikija-Ijebu...

Funke Akindele and Toyin Abraham: Understanding One of Nollywood’s Most Talked-About Rivalries

The Nigerian film industry thrives on talent, competition, and...