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Emefiele Faces Graft Charges As Prosecutor File’s Fresh Suit

Posted on August 16, 2023August 16, 2023 By Rextun boss No Comments on Emefiele Faces Graft Charges As Prosecutor File’s Fresh Suit

A fresh 20-count charge has been filed against suspended and detained central bank governor Godwin Emefiele on Tuesday.

One of the charges accused him of “conferring unlawful advantages”, sources revealed.

Full details of the new charges have not yet been made public. However, court documents deposed by the Attorney General’s Office last month showed that Emefiele faces criminal breach of trust and criminal misappropriation of funds charges, among others. These charges carry long jail terms if he is convicted.

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Few weeks back, the FG announced the beginning of a forensic probe of the central bank. This form a core foundation of President Bola Tinubu’s rejigging which has been acclaimed the boldest reforms in Africa’s biggest economy in more than a decade.

Emefiele, who was detained on June 10, a day after Tinubu suspended him, pleaded not guilty to a charge of possessing a firearm. A judge granted him bail following his plea on July 25 but he was immediately rearrested.

Finance and Economy, Financial Crimes Tags:Godwin Emefiele, Graft Charges

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