FG Reduces Charges Against Ex-CBN Gov. Godwin Emefiele | READ DETAILS
Faith Ukanwa
Nov 16, 2023
FG Reduces Charges Against Ex-CBN Gov. Godwin Emefiele | READ DETAILS
The Federal Government has reduced to six counts the fraud charges it filed against the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele.
READ ALSO: How NDLEA Uncovered a Massive Lekki Drug Lab and Arrested Its Saudi-Bound Owner | SEE PHOTOS
The charges charges, bordering on alleged procurement, were originally 20.
READ ALSO: INEC Sued Over 'Missing' 55.9bn 2019 Election Funds
In the original charge, the Federal Government alleged that the procurement fraud was to the tune of N6.5bn.
READ ALSO: 2023: Jonathan Congratulates Presidential Flag-bearers, Issue Advice | READ DETAILS
The original charges were first filed in August.
READ ALSO: Buhari Is Healthier Than Most Youths - Garba Shehu | DETAILS/PHOTOS
Emefiele was charged alongside a female CBN employee, Sa'adatu Yaro, and her company, April 1616 Investment.
READ ALSO: How Suspects Used Fake Alert to Acquire 75m Mercedes Benz GLE In Kano
Their arraignment before the High Court of the Federal Capital Territory, Abuja was stalled on two occasions, as the Department of State Services failed to produce Emefiele in court.
READ ALSO: IPOB Announce New Leader To Replace Nnamdi Kanu | READ DETAILS
Following his release by the DSS and immediate re-arrest by the Economic and Financial Crimes Commission on October 27, the Federal Government amended the charges against him.
READ ALSO: How NDLEA Finally Captured Drug Kingpin Who Killed Three Officers After 12 Years on the Run
In the amended charge sheet marked CR/577/2023, sighted on Wednesday, the charges still border on procurement fraud, but the counts have been reduced from 20 to six.
READ ALSO: 2 Billion Scandal: Inside Gavice Logistics, EFCC's Probe, and the Future of Its CEO
Also, the quantum of the alleged procurement fraud was reduced from N6.9bn to N1.2bn.
READ ALSO: Popular Islamic Cleric Found Dead In Zamfara
Also, Emefiele is the only defendant in the new charge.
READ ALSO: All Those Causing Insecurity In South East Will Pay For It- Nnamdi Kanu | WATCH VIDEO
The defendants had been scheduled to be arraigned on Wednesday, the matter could, however, not proceed due to the ongoing strike by the Nigeria Labour Congress and Trade Union Congress' strike following an assault on the NLC President, Joe Ajaero, in Imo State on November 1.
READ ALSO: More Hardship For Nigerians As Govs' Propose N380/Litre For Petrol, FG Rejects |READ FULL
In the amended charge sheet, the Federal Government alleged that Emefiele illegally bought 43 vehicles between 2018 and 2020 worth N1.2bn.
READ ALSO: How Nigerians will vote from 2021- INEC
The former CBN governor was accused of giving a corrupt advantage to Yaro by awarding a contract for the procurement of 37 Toyota Hilux Vehicles valued at N854m.
READ ALSO: How NDLEA Uncovered a Massive Lekki Drug Lab and Arrested Its Saudi-Bound Owner | SEE PHOTOS
Count one read, "That you, Godwin Ifeanyi Emefiele, male, adult, sometime in 2018 within the jurisdiction of this Honourable Court did use your position as Governor of the Central Bank of Nigeria 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 April1616 Investment Ltd, a company in which the said Sa'adatu Ramallan Yaro is a director and thereby committed an offence.ÔÇØ
READ ALSO: INEC Sued Over 'Missing' 55.9bn 2019 Election Funds
In the second count, Emefiele was accused of using his position to corruptly confer an advantage on Yaro, "a staff of the Central Bank of Nigeria by awarding a contract for the supply of one Toyota Avalon at the cost of N99,900,000 only to April1616 Investment Ltd, a company in which the said Sa'adatu Ramallan Yaro Director and thereby committed an offence.ÔÇØ
READ ALSO: 2023: Jonathan Congratulates Presidential Flag-bearers, Issue Advice | READ DETAILS
He was also accused of conferring corrupt advantage contrary to Section 19 of the Corrupt Practices and Other Related Offences Act 2000 by awarding a contract for the supply of one Toyota Land cruiser V8 April1616 Investment Ltd., in 2019 at the cost of N73m.
READ ALSO: Buhari Is Healthier Than Most Youths - Garba Shehu | DETAILS/PHOTOS
The fourth count was about a Toyota Land cruiser V8 valued N73,800,000 awarded illegally to April 1616 Investment Ltd.
READ ALSO: How Suspects Used Fake Alert to Acquire 75m Mercedes Benz GLE In Kano
The FG further accused the former CBN governor of also awarding a contract to Yaro for the supply of two Toyota Hilux Shell Specification Vehicles at the cost of N44,200,000 in 2020.
READ ALSO: IPOB Announce New Leader To Replace Nnamdi Kanu | READ DETAILS
source
Related Stories
How Suspects Used Fake Alert to Acquire 75m Mercedes Benz GLE In Kano
How NDLEA Finally Captured Drug Kingpin Who Killed Three Officers After 12 Years on the Run
INEC Sued Over 'Missing' 55.9bn 2019 Election Funds
How NDLEA Uncovered a Massive Lekki Drug Lab and Arrested Its Saudi-Bound Owner | SEE PHOTOS
2 Billion Scandal: Inside Gavice Logistics, EFCC's Probe, and the Future of Its CEO
Popular Islamic Cleric Found Dead In Zamfara
""
— Faith Ukanwa