EFCC Files Fresh 26-Count Charge Against Ex-CBN Governor Emefiele

The Economic and Financial Crimes Commission (EFCC) has brought forth a fresh 26-count charge against the immediate former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on allegations bordering on abuse of office and corruption.
Emefiele is set to face arraignment before Justice Rahman Oshodi of the Lagos High Court, Ikeja, on Monday, April 8, with charges ranging from accepting gratification to conferring corrupt advantages on his associates, contrary to the provisions of the Corrupt Practices Act of 2000.
Count one of the charge reads, “that you, GODWIN IFEANYI EMEFIELE between 2022 and 2023, in Lagos, 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 (Two Billion, One Hundred and thirty-six million, three hundred and ninety-one thousand, seven hundred and thirty-seven Dollars, thirty-three cents) without bids, which act is prejudicial to the rights of Nigerians.”
The charges further accuse Emefiele of accepting gifts through agents, engaging in corrupt practices, receiving property fraudulently obtained, and bestowing corrupt advantage on individuals associated with him during his tenure as the head of the CBN.
Emefiele, who served as CBN governor from 2014 to 2023, has yet to publicly respond to the latest charges brought against him by the anti-corruption agency.
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