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Home News National

JUST IN: Court postpones Emefiele, allies’ arraignment over N6.9bn fraud

by Godwin Onoh
August 17, 2023
in National
JUST IN: Again, Emefiele, allies’ arraignment over alleged N6.9bn fraud stalled

Godwin Emefiele

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The Federal High Court sitting in Abuja has postponed the arraignment of Godwin Emefiele, the suspended governor of Central Bank of Nigeria (CBN) to August 23 due to the absence of the first and second defendants, who are reportedly ill.

The embattled banker, along with other defendants were charged with an alleged N6.9 billion procurement fraud.

However, only Emefiele appeared in court Thursday.

The matter was postponed to August 23, 2023, by the presiding judge, Justice Hamza Muazu, in response to a request for delay.

Emefiele will be charged with 20 counts of procurement fraud, conspiracy, and providing corrupt benefits to his accomplices together with a female CBN employee – Sa’adatu Yaro and her business, April1616 Investment Limited.

The embattled apex bank leader, who has been detained since he was removed from office on June 9, 2023, was charged with giving Yaro, a director of April 1616 Investment Ltd., corrupt favours.

The activities in question contravene the Corrupt Practices and Other Related Offences Act 2000’s Section 19.

Meanwhile, a Federal High Court in Lagos will sit on Thursday to consider a request by the Federal Government to withdraw the “illegal possession of firearm charge” against Emefiele.

 

Tags: DSSGodwin EmefieleHamza Muazu

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Video of Emefiele in court for arraignment over N6.9bn fraud today

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