Godwin Emefiele, the embattled former Governor of the Central Bank of Nigeria (CBN), has arrived at the Ikeja State High Court in Lagos for his arraignment on charges of alleged abuse of office and misallocation of billions of dollars.
Accompanied by his co-defendant, Henry Isioma Omole, Emefiele is set to face fresh charges comprising 26 counts before Justice Rahman Oshodi this morning.
According to the charge filed by the Economic and Financial Crimes Commission (EFCC) and marked ID/23787c/2024, dated April 3, 2024, Emefiele is accused of abusing his office between 2022 and 2023 in Lagos.
The EFCC alleges that Emefiele, in his capacity as the Governor of the Central Bank of Nigeria, “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 without bids, which act is prejudicial to the rights of Nigerians.”
Further details are expected to be provided as the case unfolds.
