Northern Nigerian Breaking News

FG files 20 charges against Emefiele

The Federal Government has applied to withdraw the illegal possession of firearms charge it filed against suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, at the Federal High Court in Lagos.

The judge had on July 25, admitted Emefiele to N20 million bail on a two-count charge of illegal possession of firearms and ammunition and ordered his remand at the Ikoyi Correctional Centre, pending the fulfillment of his bail conditions.

But the Department of State Services (DSS) rearrested him after a clash with prison officials.

Read Also: Galaxy Backbone engages with Kano business community, to boost economy with ICT

On Tuesday, the Director of Public Prosecutions (DPP) at the Federal Ministry of Justice, Mohammed Bakodo Abubakar, told Justice Nicholas Oweibo that the fresh application followed the result of further investigations.

He made his application orally.

The Federal High Court had reserved ruling till Thursday to decide either to grant the oral application made by the Federal Government to withdraw the charge filed and pending against suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele.


Read Also: Fire destroys shops in Kano market

But defence counsel, Joseph Daudu (SAN), opposed him, arguing that because the government was in disobedience of the court’s order granting Emefiele bail, its application could not be taken.

Speaking with journalists after the day’s proceedings, Abubakar said the fresh charges were filed at the Federal Capital Territory (FCT) High Court.

One of the counts accuses Emefiele of “conferring unlawful advantages”.

Read Also: Minna-Bida road: Niger Govt. constitutes compensation committee

On June 9, Tinubu had suspended Emefiele and ordered an investigation into some allegations leveled against him.

Tinubu later appointed a Special Investigator to probe CBN. Amid this probe, the apex bank released its audited financial statement, which showed that it is owing JP Morgan and Goldman Sachs a combined sum of $7.5 billion as of the financial year ended December 2022.

Comments are closed.