Connect with us

News

EFCC Grabs Emefiele After DSS Release, Begins Fresh Interrogation

The arraignment has been stalled twice and Emefiele was proposing a plea bargain agreement…

Published

on

Emefiele BibleVN
Godwin Emefiele

Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN), regained his freedom last night and was immediately picked up by operatives of the Economic and Financial Crimes Commission (EFCC)

He is being interrogated and there are indications that fresh charges will be filed against him.

VerseNews reports that Emefiele had been in the custody of the Department of State Services (DSS) since June after President Bola Tinubu handed him a suspension.

Advertisement

After his suspension, he was asked to transfer his responsibilities to Folashodun Adebisi Shonubi, then the deputy governor, operations directorate at the apex bank.

The day after, the DSS announced that Emefiele was in its custody for “some investigative reasons.”

On July 25, he was arraigned on a two-count charge bordering on “illegal possession” of firearms at the federal high court in Lagos, and was granted bail in the sum of N20 million.

However, a fresh 20-count charge was instituted against him over an alleged conspiracy to carry out procurement fraud, among others.

Advertisement

The arraignment has been stalled twice and Emefiele was proposing a plea bargain agreement.

The agreement required Emefiele to resign as CBN governor and “disgorge”” some assets.

On September 22, the CBN officially confirmed Emefiele’s resignation, after Olatemi Cardoso was appointed as substantive governor of the apex bank.

Advertisement

Emefiele was on his way to regaining his freedom on Thursday.

WhatsAppCOnnect

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

Yahaya Bello On Watchlist Yahaya Bello On Watchlist
Politics1 hour ago

Yahaya Bello, Senator Karimi Cleared for APC Senatorial Primaries in Kogi

Former Kogi State Governor Yahaya Bello and Senator Sunday Karimi are among 17 aspirants cleared by the APC screening committee...

compassionate black man comforting compassionate black man comforting
Relationship2 hours ago

What Women Secretly Want More Than Money in Relationships

What many women deeply desire in relationships often goes far beyond money.

1 4Z28yXvr59j0ua8rw4sdnw 1 4Z28yXvr59j0ua8rw4sdnw
Relationship2 hours ago

5 Signs You’re Overinvesting in a Relationship

Many people confuse overinvesting with loyalty. They believe that constantly sacrificing themselves, ignoring their needs....

Julius Abure Re-Elected Julius Abure Re-Elected
Politics2 hours ago

Labour Party Warns Aspirants Against Buying Nomination Forms From Abure

The Labour Party has warned members and aspirants ahead of the 2027 elections not to obtain nomination forms from embattled...

chief priest chief priest
Entertainment2 days ago

Cubana Chief Priest Unveils 8-Point Agenda for Imo House of Reps Seat

Popular Nigerian socialite and businessman Cubana Chief Priest has revealed eight major goals he plans to pursue...

EFCC arraigns Blessing CEO over N36m fraud in Lagos EFCC arraigns Blessing CEO over N36m fraud in Lagos
Entertainment2 days ago

EFCC Arraigns Blessing CEO Over Alleged N36m Fraud

The Economic and Financial Crimes Commission has arraigned social media influencer and relationship therapist Blessing CEO over alleged fraud involving...

Gunmen Attack 640x381 1 Gunmen Attack 640x381 1
News2 days ago

Terror in Oyo as Gunmen Invade Oyo Schools, Abduct Pupils, Teachers, Kill Headmaster

The Oyo State Police Command has launched a rescue operation after armed hoodlums attacked schools and surrounding communities in Oriire...

DangoteRefinery2 DangoteRefinery2
Business2 days ago

Dangote Refinery Sues FG, NNPC Over Fresh Petrol Import Licences

Dangote Petroleum Refinery has filed a fresh lawsuit against the Federal Government, challenging fuel import licences issued...

Transmission Company of Nigeria TCN Transmission Company of Nigeria TCN
News2 days ago

BREAKING: TCN Adds 600MW to National Grid, Boosts Power Supply Nationwide

The Transmission Company of Nigeria has announced the addition of 600 megawatts to the national grid...

World Bank World Bank
News3 days ago

BREAKING: World Bank Restricts Instagram Comments as Nigerians Protest Tinubu’s Fresh $1.25b Loan

The World Bank has reportedly restricted comments on its Instagram page following backlash from Nigerians over plans by President Bola...

Advertisement