PHOTO: Former CBN Governor Godwin Emefiele Faces Fresh Charges

Julianah Ologunde
By Julianah Ologunde 1 Min Read

PHOTO: Former CBN Governor Godwin Emefiele Faces Fresh Charges

Former Central Bank of Nigeria (CBN) Governor Godwin Emefiele arrived at the Lagos State High Court in Ikeja at approximately 8 a.m. on Monday for his arraignment over allegations of abuse of office and the allocation of billions of United States dollars.

PHOTO: Former CBN Governor Godwin Emefiele Faces Fresh Charges

Emefiele, alongside his co-defendant Henry Isioma Omole, is set to face a fresh set of 26 charges before Justice Rahman Oshodi.

According to the charges dated April 3, 2024, and filed by Senior Advocate of Nigeria Rotimi Oyedepo on behalf of the Economic and Financial Crimes Commission (EFCC), Emefiele is accused of abusing his office between 2022 and 2023 in Lagos.

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PHOTO: Former CBN Governor Godwin Emefiele Faces Fresh Charges

The EFCC alleges that Emefiele, “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 without bids, which act is prejudicial to the rights of Nigerians.”

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