fbpx
Connect with us

News

Why Former CBN Governor, Godwin Emefiele Will Remain In Kuji Prison, Details Emerge

The Economic and Financial Crimes Commission (EFCC) had arraigned Emefiele on a six-count amended charge…

Published

on

Emefiele BibleVN
Godwin Emefiele

Former Central Bank of Nigeria (CBN) governor Godwin Emefiele will remain imprisoned for failing to meet the N300 million bail condition ordered by a High Court of the Federal Capital Territory (FCT).

VerseNews reports that the court also adjourned the case to January 18, 2024, for the continuation of trial.

The Economic and Financial Crimes Commission (EFCC) had arraigned Emefiele on a six-count amended charge bordering on fraud.

Advertisement

Emefiele was arraigned before Justice Hamza Muazu.

Emefiele’s Counsel, Mr Mathew Burkaa, SAN, had secured the application for his bail earlier.

The court held that Emefiele should produce two sureties, who must have landed property in the Maitama District of the FCT.

Emefiele is to submit all his travel documents to the court registrar and must remain within the Abuja Municipal Council.

Advertisement

The court on November 17, ordered the remand of Emefiele in Kuje correctional facility pending a ruling on his bail application.

Justice Muazu issued the order on Friday morning following Emefiele’s arraignment and his plea of not guilty to a six-count amended charge brought against him by the Economic and Financial Crimes Commission (EFCC).

Emefiele is accused, among others, of abuse of office by President Bola Ahmed Tinubu’s government.

Advertisement

The six-count charges against Emefiele are

That you, Godwin Ifeanyi Emefiele, male, adult…

1. Corruptly confer an advantage on Sa’adatu Ramallan Yaro, a staff of the CBN, by awarding contract for the supply of 37 Hilux vehicles at cost of ₦854.7m in 2018

2 Corruptly confer an advantage on a company where a CBN Staff is a director by awarding a contract for the supply of one Toyota Avallon at the cost of ₦99.0m

Advertisement

3 Conferring corrupt advantage contrary to Section 16 of ICPC Act Toyota Landcruiser V8 in 2019 at the cost of ₦73.0m

4 Illegal award for the supply of Toyota Land cruiser V8: ₦73.8m

5 Award of contract for supply of 2 Toyota Hilux in 2020: ₦44.2m

6 Illegal purchases of 43 vehicles between 2018 & 2020: ₦1.2bn

Advertisement

Company involved: April16 Investment Ltd.

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

Leave a Reply

Your email address will not be published. Required fields are marked *

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

'My Wife's Ring Can Buy 2 Or 3 Rolls Royce' - Davido Brags As Chioma Flaunts $1 Million Diamond Ring (Video) 'My Wife's Ring Can Buy 2 Or 3 Rolls Royce' - Davido Brags As Chioma Flaunts $1 Million Diamond Ring (Video)
Entertainment6 months ago

‘My Wife’s Ring Can Buy 2 Or 3 Rolls Royce’ – Davido Brags As Chioma Flaunts $1 Million Diamond Ring (Video)

Nigerian Afrobeat star Davido and his fiancée Chioma Rowland, who are set to wed on June 25th, made headlines as...

Labour Party Leadership Crisis Resolved As Abure and Apapa Factions Unite Labour Party Leadership Crisis Resolved As Abure and Apapa Factions Unite
Politics6 months ago

BREAKING: Labour Party Leadership Crisis Resolved As Abure and Apapa Factions Unite

The Labour Party's leadership crisis has ended as factions led by Julius Abure and Lamidi Apapa reconciled to present a...

EXCLUSIVE: Nigerians To Start Using Three-In-One National Identity Card Soon EXCLUSIVE: Nigerians To Start Using Three-In-One National Identity Card Soon
News6 months ago

EXCLUSIVE: Nigerians To Start Using Three-In-One National Identity Card Soon

NIMC is set to launch a versatile three-in-one identity card for Nigerians, featuring payment capabilities and social service functionalities, following...

HND Holders From Polytechnics Must Undergo One-Year Mandatory Training - FG HND Holders From Polytechnics Must Undergo One-Year Mandatory Training - FG
Education6 months ago

HND Holders From Polytechnics Must Undergo One-Year Mandatory Training – FG

Dr. Folasade Yemi-Esan, Head of the Civil Service, has mandated HND holders to undergo a one-year training before promotion to...

EFCC Arrests Two Ex-Union Bank Employees For Stealing N4.2m From A Dead Customer's Account EFCC Arrests Two Ex-Union Bank Employees For Stealing N4.2m From A Dead Customer's Account
News6 months ago

EFCC Arrests Two Ex-Union Bank Employees For Stealing N4.2m From A Dead Customer’s Account

The EFCC arrested two former Union Bank employees in Makurdi for embezzling N4.2 million from a deceased customer's account.

Christ Embassy Church Headquarters in Lagos On Fire Christ Embassy Church Headquarters in Lagos On Fire
News6 months ago

BREAKING: Christ Embassy Church Headquarters in Lagos On Fire (Video)

The Christ Embassy Church headquarters in Ikeja, Lagos caught fire on Sunday morning.

BREAKING: Finidi George Resigns As Super Eagles Head Coach BREAKING: Finidi George Resigns As Super Eagles Head Coach
Sports6 months ago

BREAKING: Finidi George Resigns As Super Eagles Head Coach

Finidi George resigns as the head coach of the Super Eagles, following the NFF's plan to hire a foreign technical...

Tension As President Tinubu Falls, Hits Head On Parade Vehicle During Democracy Day Tension As President Tinubu Falls, Hits Head On Parade Vehicle During Democracy Day
News6 months ago

Tension As President Tinubu Falls, Hits Head On Parade Vehicle During Democracy Day (Video)

Nigerian President Bola Tinubu stumbled and fell during the June 12 Democracy Day parade, sparking renewed concerns about his health.

Democracy Day: FG Announces Date for Public Holiday Democracy Day: FG Announces Date for Public Holiday
News6 months ago

Democracy Day: FG Announces Date for Public Holiday

The Federal Government has announced June 12 as a public holiday to celebrate Democracy Day.

5 Best Video Interview Software You Should Be Using 5 Best Video Interview Software You Should Be Using
Career News6 months ago

5 Best Video Interview Software You Should Be Using

Zoom, HireVue, and Spark are some of the best video interview software. These tools enhance efficiency, improve candidate experience, and...

Advertisement