Categories: News

Emefiele To Remain In EFCC Custody Till April 11

Godwin Emefiele, the former Governor of the Central Bank of Nigeria, appeared before the Ikeja State High Court in Lagos for his arraignment over alleged abuse of office and allocation of billions of dollars.

The embattled ex-CBN governor, alongside his co-defendant, Henry Isioma Omole, were 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.”

In Monday’s sitting, the court adjourned to April 11 for a ruling on Emefiele’s bail application and for the EFCC to open its case.

Justice Oshodi also ordered Emefiele to be put in EFCC custody and for the second defendant to remain in the Ikoyi Correctional Facility.

Kazeem Badmus

Kazeem Badmus is a graduate of Mass Communication with years of experience. A professional in journalism and media writing, Kazeem prioritses accuracy and factual reportage of issues. He is also a dexterous finder of the truth with conscious delivery of unbiased and development oriented stories.

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