Emefiele Arraigned For Alleged N1.6bn Fraud, Remanded In Kuje Prison

The Federal Government has arraigned the immediate past Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, on a six-count charge bordering on alleged procurement.

 

The original charge, which was 20 counts to the tune of N6.5 billion, has been reduced to six, to the tune of N1.6 billion. Emefiele is the only defendant in the new charge.

 

The former CBN governor appeared in court on Friday for an application for bail, pleading not guilty to the six-count charge after it was read to him.

According to the amended charge sheet, the charges still border on procurement fraud. The Federal Government alleged that Emefiele illegally bought 43 vehicles between 2018 and 2020 worth N1.2 billion. He was also accused of awarding a contract for the procurement of 37 Toyota Hilux Vehicles valued at N854 million.

 

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.”

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.”

 

Advertisement

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 Landcruiser V8 April1616 Investment Ltd., in 2019 at the cost of N73 million.

 

The fourth count was about a Toyota Landcruiser V8 valued N73,800,000 awarded illegally to April 1616 Investment Ltd.

Ads

spot_img

Don't miss

How Political Heavyweights United at Fidau Service for Oyo NUJ Chairman’s Mother

Political leaders in the major parties in Oyo State,...

Three More Nigerians Win Elections In US, NIDCOM Boss Congratulates Them

Hon. Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NIDCOM)...

More Nigerians Win Elections Abroad, As NIDCOM Congratulates Them

Four more Nigerians have won elections into various elective...

Makindeism: Politics Of Power, Peace And Prosperity | By Sulaimon Olanrewaju

By Sulaimon Olanrewaju After being in the saddle as Oyo...

Cassava Growers, Community Leader Backs Psaltry International Amidst Allegations of Media War

The Psaltry Cassava Growers Association of Oyo State has...

Categories

spot_img

How Political Heavyweights United at Fidau Service for Oyo NUJ Chairman’s Mother

Political leaders in the major parties in Oyo State, in a remarkable display of camaraderie, on Sunday put aside their rivalries to pay tribute...

Three More Nigerians Win Elections In US, NIDCOM Boss Congratulates Them

Hon. Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NIDCOM) has celebrated three more Nigerians who won their respective re-election into various districts in the...

More Nigerians Win Elections Abroad, As NIDCOM Congratulates Them

Four more Nigerians have won elections into various elective positions, a United States-born Nigerian, Dr Oye Owolewa, District of Columbia, Chiaka Barry, Ginninderra District,...

LEAVE A REPLY

Please enter your comment!
Please enter your name here