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).
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.
Emefiele was arraigned before Justice Hamza Muazu.
Emefiele’s Counsel, Mr Mathew Burkaa, SAN, had secured the application for his bail earlier.
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
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
Company involved: April1616 Investment Ltd.
Watch the video below:
BREAKING: Godwin Emefiele to remain in prison over failure to meet N300m bail condition as court adjourns case to 18th January, 2024 for continuation of trial. pic.twitter.com/Zuqquyq7bA
— Journalist KC (@kc_journalist) November 28, 2023
He deserves what is receiving in returns.
He deserves what he’s receiving cuz he was trying to stop those crazy money bag politician to spoil our economy just the way they did which theasses are now facing the hardship, consequences of the money they wasted for the sake of awon lokan abii?
I wonder the planet that you fall from
I just pity this man Because he is not a Hausa Muslim and bc Tinubu can’t touch BuhariNo cbn governor has been humiliated like this SMH wot is 300 mill that he or his pple can’t afford
He deserves what he’s receiving cuz he was trying to stop those crazy money bag politician to spoil our economy just the way they did which theasses are now facing the hardship, consequences of the money they wasted for the sake of awon lokan abii?
I wonder the planet that you fall from