AFRICA

Former CBN Governor Emefiele Pleads Not Guilty To Amended 20-Count Charges By FG

Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN), has pleaded not guilty to the amended criminal charge filed against him by the federal government.

On Thursday, the federal government amended the criminal charge it filed against the former CBN governor.

The charge was previously six counts but was increased to 20 counts.

The amended charge borders on criminal breach of trust, forgery, conspiracy to commit forgery, procurement fraud and conspiracy to commit a felony.

Subsequently, the presiding judge adjourned the trial to February 12 and 13.

Earlier on Thursday, the Federal Capital Territory High Court Justice, Hamza Muazu granted the immediate past Governor of the Central Bank of Nigeria, Godwin Emefiele’s request to travel out of the FCT.

The court however, said that Emefiele must remain in the country.

His bail terms were previously restricted to the FCT.

The court had in November granted Emefiele bail in the sum of N300 million with two sureties in like sum.

His lawyer and Senior Advocate of Nigeria, Mathew Burkaa said that Emefiele was released from the Kuje Correctional Centre after his lawyers perfected his bail conditions.

Emefiele was arraigned on a six-count charge bordering on procurement fraud and using his position to confer a corrupt advantage on Sa’adatu Yaro, a staff of the CBN, by awarding a contract for the procurement of 43 vehicles worth N1.2 billion between 2018 and 2020.

However, the fraud charge which was formerly six counts, has now been increased to 20 counts.

While he was remanded in Kuje, Emefiele was mandated to deposit all his travel documents with the registrar of the court and must remain within the Abuja Municipal Area Council (AMAC).

The trial over his alleged procurement of vehicles has already begun before Justice Hamza Muazu.

Chioma Kalu

Follow us on:

Chioma Kalu

Recent Posts

Elon Musk’s X Appoints Legal Representative in Brazil To Comply With Court Orders and Fight Ban

Elon Musk’s social media platform, X, has named Rachel de Oliveira Conceicao as its legal…

4 hours ago

Labour Party’s Olumide Akpata Defeated By PDP’s Asue Ighodalo At His Polling Unit

In a surprising turn during the Edo state governorship election, Olumide Akpata, the Labour Party…

5 hours ago

Ondo Will Become Nigeria’s Entrepreneurship, Innovation Hub, Says Governor Aiyedatiwa

The Governor of Ondo state, Mr. Lucky  Aiyedatiwa, has vowed to transform the state into…

5 hours ago

Edo Guber: INEC Extends Voting Time In Some Edo State Polling Units Due to Late Start

The Independent National Electoral Commission (INEC) has announced an extension of voting time in areas…

5 hours ago

Usher Acknowledges Role Models Quincy Jones, Bobby Brown at 2024 BMAC Gala After Recieving Humanitarian Award

Usher paid tribute to the male role models in his life at the 2024 Black…

5 hours ago

EFCC Arrests Suspects For Alleged Vote Buying In Edo Governorship Election

The EFCC has arrested three suspects for alleged vote buying during the ongoing Edo governorship…

10 hours ago