JUST-IN: WHY EFCC PREFERRED 26 FRESH CHARGES AGAINST EMEFIELE.

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AS IT STANDS NOW, THE 26 FRESH CHARGES HAMMERED ON THE IMMEDIATE GOVERNOR OF THE CENTRAL BANK OF NIGERIA GODWIN EMEFIELE BY THE EFCC AND THE FEDERAL GOVERNMENT SHOW THAT THERE IS NO END IN SIGHT OF MANY WOOS OF THE MAN. EMEFIELE WOOS STARTED WHEN HE INTRODUCED THE INFAMOUS CHANGE OF NAIRA DURING THE ERA OF THE LAST ADMINISTRATION.

BUT HEH!! THIS IS TAKING A COLOURATION OF PERSECUTION INSTEAD OF PROSECUTION, BUT WHAT I WILL SAY IS THAT THE TINUBU ADMINISTRATION SHOULD INVITE THE FORMER PRESIDENT WHICH IS BUHARI FOR INTERROGATION TO SHOW THAT THEY ARE DOING RIGHT NOW IS A GERMANE EFFORT TO RID THE COUNTRY OF CORRUPTION. I DON’T KNOW HOW EMEFELE CAN TAKE SUCH A STRONG POLICY WITHOUT THE NODS FROM THE TOP. PLEASE KINDLY SHARE AND READ THE FULL STORY BELOW.

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Emefiele will be arraigned before Justice Rahman Oshodi of the Lagos High Court, Ikeja on Monday, April 8 on counts bordering on accepting gratification, accepting gifts through agents, corruption, receipt of property fraudulently obtained, and conferring corrupt advantage on his associates contrary to the Corrupt Practices Act of 2000.

Count one of the charges reads, “that you, GODWIN IFEANYI EMEFIELE between 2022 and 2023, in Lagos, 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 (Two Billion, One Hundred and thirty-six million, three hundred and ninety-one thousand, seven hundred and thirty-seven Dollars, thirty-three cents) without bids, which act is prejudicial to the rights of Nigerians.”

EFCC further alleged that Emefiele, between 2020 and 2021, in Lagos, “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 $291,945,785.59, without bids, which act is prejudicial to the rights of Nigerians.

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Emefiele was alleged to have, in 2021, in Lagos, “directed to be done in abuse of the authority of your office, as the Governor, Central Bank of Nigeria, an arbitrary act, to wit: special allocation of foreign exchange in the aggregate sum of $1,769,254,793.16, which act is prejudicial to the rights of Nigerians.”

In count four, the sum involved was $370,872,893.01.

The arraignment before Justice Rahman Oshodi marks a significant development in the ongoing legal proceedings, highlighting the EFCC’s determination to hold individuals accountable for alleged financial irregularities. Emefiele’s legal team is expected to vigorously contest the charges as the case unfolds in court.

Emefiele’s co-defendant Omoile was alleged to have November 17, 2020, in Lagos, whilst acting as an agent accepted from Raja Punjab through Monday Osazuwa, the total sum of $110,000, for Godwin Ifeanyi Emefiele, gifts as a reward for allocating foreign exchange by the Central Bank in favor of Raja Punjab’s employer.”

According to the charge, the offenses committed contravened Section 73 of the Criminal Law of Lagos State, 2011.

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