Connect with us

News

BREAKING: EFCC Files Fresh 26-Count Charge Against Emefiele For Alleged Corruption, Abuse Of Office

The EFCC initiates legal action against former CBN Governor Godwin Emefiele, filing a fresh 26-count charge encompassing allegations of corruption and abuse of office.

Published

on

Fresh 26-Count Charge
Former CBN Governor Godwin Emefiele

The EFCC initiates legal action against former CBN Governor Godwin Emefiele, filing a fresh 26-count charge encompassing allegations of corruption and abuse of office.

Emefiele faces arraignment before the Lagos High Court on April 8, marking a significant development in Nigeria’s anti-corruption efforts.

The Economic and Financial Crimes Commission (EFCC) has initiated legal proceedings against the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, with a fresh 26-count charge.

VerseNews gathered that these charges primarily revolve around allegations of abuse of office and corruption.

Advertisement

Emefiele is scheduled to face arraignment before Justice Rahman Oshodi of the Lagos High Court, Ikeja, on Monday, April 8.

The charges laid against him include accusations of accepting gratification, receiving gifts through intermediaries, engaging in corrupt practices, unlawfully acquiring property, and providing corrupt advantages to associates. These allegations contravene the provisions of the Corrupt Practices Act of 2000.

The charge sheet, filed by EFCC Prosecutor Rotimi Oyedepo (SAN) on April 3rd, underscores the serious nature of the accusations leveled against Emefiele. It outlines the specific charges and details the legal framework under which the prosecution is being pursued.

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.”

Advertisement

This development has drawn significant attention and scrutiny, as Emefiele, who served as the head of Nigeria’s apex bank, wielded considerable influence and played a pivotal role in the country’s financial landscape.

The case signifies another high-profile legal battle in Nigeria’s ongoing efforts to combat corruption and uphold the rule of law.

Emefiele’s appearance before the court on April 8 is anticipated to mark a crucial juncture in the legal proceedings, shedding light on the veracity of the allegations and the potential implications for the former CBN governor.

whatsapp

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

news bandit news bandit
News5 days ago

BREAKING: Oyo School Kidnappers Demand ₦1bn, Sharia Law for Release of Abducted Pupils, Teachers

Fresh details have emerged in the Oyo school abduction case, with reports indicating that the kidnappers are demanding a ₦1...

peller jarvis peller jarvis
Entertainment6 days ago

VIDEO: Peller Finally Pops the Question as Jarvis Says Yes in Romantic Ghana Proposal

Popular TikTok creator Peller has taken his relationship with fellow content creator Jarvis to the next level after surprising her...

IGBOHO SUNDAY IGBOHO SUNDAY
News6 days ago

‘I Will Name Them If…”: Sunday Igboho Threatens to Expose Nigerian Politicians Behind Oyo Schoolchildren Abduction

Yoruba Nation activist Sunday Igboho has alleged that politicians are sponsoring kidnappers operating in parts of Oyo State...

Adelabus Sister And Her Twin Sons Abducted In Ibadan 1 Adelabus Sister And Her Twin Sons Abducted In Ibadan 1
News7 days ago

Fresh Security Concerns as Gunmen Abduct Tinubu’s Ex-Power Adelabu’s Sister, 12-Year-Old Twin Sons

The sister of former Minister of Power and APC governorship aspirant, Adebayo Adelabu, and her twin sons have been kidnapped...

How Nigerians cope 1280x720 1 How Nigerians cope 1280x720 1
News1 week ago

Hardship Deepens as Nigerians Borrow Nearly ₦2tn in Personal Loans to Survive

Personal loans obtained by Nigerians surged to ₦1.96 trillion in January 2026, accounting for more than half of the country's...

GunmenVerseNewsNG GunmenVerseNewsNG
News1 week ago

BREAKING: Gunmen Kidnap Former Defence Spokesman, Wife

The Nigerian military has begun efforts to rescue former Director of Defence Information, Major General Rabe Abubakar (retd.), and his...

davido davido
Entertainment1 week ago

I’m Not in Any ‘City Boys’ Group, Davido Speaks Relationship with Seyi Tinubu

Afrobeats star Davido has addressed criticism surrounding his recent comments on insecurity and injustice in Nigeria....

WhatsApp Image 2024 07 29 at 16.34.27 WhatsApp Image 2024 07 29 at 16.34.27
News2 weeks ago

‘Where is the Change? We Are Still Suffering’ — Nigerians Drags Tinubu as He Celebrates Third Year in Office

President Bola Tinubu marked his third anniversary in office by commissioning major projects across Nigeria and highlighting progress under his...

TG Omori 1 TG Omori 1
Entertainment2 weeks ago

TG Omori Sends Strong Message to Troll Who Mocked His Kidney Condition

Popular music video director TG Omori has become a trending topic online after a controversial social media post referencing his...

relocate relocate
Travel2 weeks ago

Countries Nigerians Can Relocate to Easily in 2026

Relocation remains a major goal for many Nigerians seeking better education, career opportunities, business environments, and quality of life.

Advertisement