BREAKING: EFCC Releases Details Of Fresh Charges Against Emefiele

In response to public inquiries regarding the arraignment of former Central Bank Governor Godwin Emefiele, the Economic and Financial Crimes Commission (EFCC) has released details of the charges against him. This was contained in a photo shared on the Economic and Financial Crimes Commission (EFCC) X handle on Tuesday, April 9. Parts of the charges... The post BREAKING: EFCC Releases Details Of Fresh Charges Against Emefiele appeared first on GISTSMATE.

BREAKING: EFCC Releases Details Of Fresh Charges Against Emefiele

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In response to public inquiries regarding the arraignment of former Central Bank Governor Godwin Emefiele, the Economic and Financial Crimes Commission (EFCC) has released details of the charges against him.

This was contained in a photo shared on the Economic and Financial Crimes Commission (EFCC) X handle on Tuesday, April 9.

Parts of the charges include: ” 1. Allocating forex of $2,136 391,737.33 without bid.

“2. Allocating forex of $291,945,785.59 without a bid.

“3. Abuse of office special allocating to forex of $1,769,254,793.16.

“4. Abuse of office by special allocating of forex of $370,872,893.01.”

See breakdown below:

Recall that GISTSMATE MEDIA reported that the Ikeja High Court in Lagos State has ordered the remand Emefiele in the custody of the Economic and Financial Crimes Commission (EFCC).

He is to be remanded till the next adjourned date, Thursday, April 11 when the court will give its ruling on bail.

Justice Rahman Oshodi also ordered the remand of Emefiele’s co-defendant Henry Omoile at the Kirikiri Prison pending the court’s ruling on his bail on Thursday.

The court ordered the remand of both men after listening to the bail applications filed by their counsel, Lebi Lawal.

In asking for Emefiele’s bail, the counsel has told the court to grant Emefiele bail on self recognizance pending the hearing and determination of the case or on the most liberal bail terms. The counsel also asked the court to grant the second defendant bail on the most liberal terms.

The EFCC counsel, Senior Advocate of Nigeria, Rotimi Oyedepo in his response, did not oppose the request for bail. He asked the court to exercise its discretion in the grant of bail.

Emefiele’s bail will also be delayed, and not realistic on Thursday again after federal government declared Thursday as additional public holiday to celebrate Eid-el-Fitr.

 

The post BREAKING: EFCC Releases Details Of Fresh Charges Against Emefiele appeared first on GISTSMATE.

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