A video of former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on his way to the Kuje Correctional facility pending ruling on his bail application has emerged online....CONTINUE READING
In the video, Emefiele was captured alongside some security personnel as he entered the vehicle going to Kuje prison, and it drove off.
Naija News reported that the presiding judge at the Abuja High Court, Justice Hamza Muazu, ordered the remand of Emefiele in prison on Friday and adjourned the ruling on the bail application filed by the former CBN boss till November 22, 2023.
The Federal Government arraigned Emefiele on a six-count charge bordering on procurement. The original charge, which was 20 counts of N6.5 billion, has been reduced to six, to N1.6 billion.
In the amended charge sheet, the Federal Government alleged that Emefiele illegally bought 43 vehicles between 2018 and 2020 worth N1.2 billion.
The former CBN Governor, the only defendant in the new charge, was accused of awarding a contract for the procurement of 37 Toyota Hilux Vehicles valued at N854 million.
In the first count, Emefiele was accused of using his position as the CBN Governor to confer a corrupt advantage on Sa’adatu Ramallan Yaro, a staff of the Central Bank of Nigeria, by awarding a contract for the supply of 37 Toyota Hilux Vehicles at the cost of N854,700,000 only to April 1616 Investment Ltd, a company in which the said Sa’adatu Ramallan Yaro is a director and thereby committed an offence.”
