CBN ex-Gov Emefiele Docked Over N1.6bn Procurement Fraud

The Federal Government has arraigned the immediate past Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, on a six-count charge bordering on alleged procurement. The original charge, which was 20 counts to the tune of N6.5 billion, has been reduced to six, to the tune N1.6 billion. Emefiele is the only defendant in the new charge. The former CBN governor appeared in court on Friday for an application for bail, pleading not guilty to the six-count charge after it was read to him. Emefiele arrived just in time…

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